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Wanted to know what your opinion was on contacting more than one lender, to get approved for a loan for an investment property. I think it may be wise in case one of them gives the better interest rate or terms. Any e...
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Trying to understand the formula used to get comps for my first rehab. I have two real estate agents give me comps on the same property and there was a $30k difference. I used Redfin, Bank of American Real Estate Cent...
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I understand that you can subtract from your tax burden on a rental property using depreciation. I also read that it's based on the house value only, not including the land. I am wondering how most people figur...
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I've come across a property that has some amazing potential at a great price. Property is located in the middle of down town. Prime location of this area. It currently is zoned C3 and there are two non-profit business...
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Hi All,What kind of taxes do I need to pay for operating an STR in Seattle? And if possible how do I find out how much this/these will approximately be?Thanks so much!Gulliver
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I am in the process of purchasing my first rental property. Need some recommendations for insurance policies. I am trying to get some simple quotes online and I am not having any luck. Property is in Hampton roads. No...
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Hello everyone.
First time poster.
General Background
Newbie investor
No credit available (poor credit and repo due to major health issue).
Multiple tax years of returns due (nominal to no income)
Unplanned ow...
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Hey everyone! I've been following bigger pockets since September '17, and I'm closing on my first 4-plex house-hack on Friday. Looking at the rent rolls, I believe that the rents are somewhat under-priced for my area;...
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So, I've been working on saving for an investment property (1st one) and along comes an opportunity to buy an apartment building (6 units; $130k). It needs a lot of work, but it is fully occupied with long-term tenan...
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I don't know why, but this introduction post has eluded me. I'm going to get it written tonight, or I can't go to bed! ;-)Who am I? I'm 55 years old and female. I'm an engineer in the medical device field. I was ...