I’m planning on house hacking in the Raleigh area in the not too distant future. There are some homes that have been on the market for a long time, and are very inexpensive relative to the surrounding areas. They are ...
Hello All-I recently purchased a SFH in Raleigh, Memphis, TN and fixed up the home. I'm working with a property management company to help find and screen prospective tenants. The property has been listed for 45+ days...
Over the past year plus, multifamily has endured some difficult blows. Most would agree the top three are interest rates, taxes and insurance. Breaking these three down on the direct impact they have had on multifamil...
Looking for some clever ideas. I am trying to do a Second Trust Deed private loan in California. The borrower has credit union loans in first position. The covenants with credit unions are saying borrower can not add ...
BP experts,
I just received my tax assessments for 2013. Most seem fair, but one is 2.5X the appraisal value from my refinancing (about two months old now).
I disagree with the appraised value, but it ...
Ive been doing rentals since 2016, but just last year went into it fulltime. I have over 10 properties and all cashflow. Last year I paid myself to do the contracting work, as its something I do and enjoy. At tax time...
We're currently going through one of the greatest economic events in history due to the COVID-19 pandemic. Everything is unprecedented and no one knows what's going to happen in the next few months. But during these t...
Hello Bigger Pockets Community,
I wanted to try and get some advise from the group. I purchased a rental property back in November 2020. I paid cash for this property so I don't have any mortgages. I'm considering...
Ok, so here's the deal...I got started investing last fall. Purchased my first Duplex in Independence. Took my property manager 6 months to get the second tenant in place unfortunately. When I saw how my property m...
Hey Bigger Pockets Fam,
Question: How Do I properly challenge an appraisal?
Problem: I have a unique situation with my first purchase, have a Triplex under contract in AZ that's 7-Total Bedrooms and I'm using an FHA...