Russell Dancer
Refinance a Buy and Hold
I am in the process of refinancing my first rental we rehabbed. Closing cost, inspections etc. are between 2k and 3k, should these numbers deter me from doing this. Should I just look at these as expenses or just igno...
Jimmy Jones
how depreciation is calculated
Hello All,I am trying to understand how depreciation of a long term upgrade (Solar) is calculated for tax purposes / understanding the real cost. My question does the depreciation directly offset net profit? Examp...
Daniel Loane
New Certificate of Occupancy required to rent out SFH?
Hi all,I bought a SFH that I want to hold long-term in the City of Cleveland. The house was build ~100 years ago and had been used as a primary residence for a few decades before I purchased it as is.I have polished i...
Anupam Banerjee
Buffalo eviction & DSCR lender suggestion
Hi all,
I am new to bigger pockets. I am looking to buy my first investment duplex in Buffalo, NY. Each floor has is a 3bd/1ba unit (separate entrance). The house currently has 2 long-term tenants (one on each floor)...
Patrick Zepeda
Financing Sub $100k loans
Hi all!I have been looking at properties (BRRRR and rentals) in Ohio, and want to finance / refinance with a DSCR loan as I ionly want to invest as an LLC. Problem here is, DSCR loans have a minimum loan amount of $10...
Ali Kattan
Short Term Rentals in Miami, good or bad idea?
Hello All,
I am thinking about finding a property in the Miami area and making it a Short Term Rental. I know during this pandemic no one will be travelling to tourist cities and staying in short term rentals but I ...
Carter Ford
New to Community, Looking to Meet Investors
Hey BP!
I'm Carter, a senior in college who will be graduating this December and subsequently working full time in Public Accounting. I've been interested in REI for a year or so, and am only just now finding out abo...
Sunny Rajvansh
Connecticut market for investors
Hello all,
I am wondering what people here think about the Connecticut market for investing?Thank youSunny R
John Nettle
Vacation Rental in Port Clinton, Ohio
Hi All,I am thinking about purchasing a condominium in the Port Clinton area in Ohio. If you have any experience with this area, would you recommend it as a good location for a short term rental? I am wondering how...
Nirav Vyas
New to investing Real Estate
Hello All, I am a newbie to real estate investing and need guidance on where to start. I currently live in the Monroe NJ and would like to invest in Rental/Residential/Commercial Property. In NJ Taxes and property val...