We are New Jersey investors and we are looking to buy property in Pennsylvania. We have been advised that if you have an LLC then we will not have to pay the transfer tax twice. Can we do a New Jersey LLCN avail of th...
I recently saw someone buy a property at auction only to enter the property after purchase to find the house totally vandalized (broken windows, holes in walls, broken floors, concrete in plumbing). They then somehow...
I recently remodeled a 2 bed/1 bath unit and have just put it up for rent for $1100/month. I pay all utilities except for electric. Can/Should I raise the rent a little bit if more than two people want to move in(maxi...
Lots of opportunities in my area for buy and hold properties. I have 22 houses totaling 33 units but I want to scale bigger. How can I find private money to achieve this? I’ve used a combination of methods to build my...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Hey everyone,So I have a deal in the pipeline. The seller wants no less than $500k for his duplex. He owns it out right so there is no debt on the property.A little detail about the property.its a 2 unit. Built in 190...
Syndications and passive investing are frequent topics of discussion in the forums. Over lunch yesterday I was discussing with a friend how the business has evolved in recent years. The conversation began after we co...
Hi, I’m David, 25 years old and I’m scheduled to get out of the Military in about a month moving to Bend, OR (very expensive, few STR licenses)
I have $15,000 In savings and would like some advice for a first time ho...
Inspired by this thread here: http://www.biggerpockets.com/forums/223/topics/152...I was just pondering what I personally spend a month on food..I looked at all my credit card purchases for food/snacks/drinks (only th...
Hello BP,Looking for a 125+ units condos or apartments for sale in DC.