I own 1 rental property and was wondering if I need to go the cpa route. I have been doin my own taxes through turbo tax but this will be my first year with a rental. I bought the turbo tax for investment properties b...
I just got a letter from my property manager who manages eight single family properties that I own. He is requesting that all owners pay the full fee they would normally pay even if the tenants don't pay rent. Our s...
Hello fellow BPers, heres the scenario:I want to get a mortgage for multifamily property. I am self employed, I claimed unemployment since march of last year (2020). I’m unsure as to how this may help or hurt me. I li...
Hey all - first time poster here! I’m in the process of closing on my first RV park and wanted to get everyone’s thoughts on the overall deal and see what I may be potentially missing here.The property is selling for ...
If you were to start out in a small owner occupy multi deal would it be beneficial for someone to partner with another investor? How would you structure the deal? How would the cashflow look (would there be any tax ...
Howdy BP friends,I found 4 properties today (while driving home) and all four properties have a notice posted to the door "Final Notice of Violation by Code Enforcement" etc... etc.(Forgive me. Still new and still lea...
Hi BP community, I need some advice on what approach I should take in order to get this property under contract. I recently found a home for sale by owner, it's ARV is around $200,000-$225,000. The seller was renting ...
Hey BP'ers! After some lurking on Bigger Pockets, I'm diving in and trying to turn my real estate hobby into a part-time business/side hustle. I’m originally from Milwaukee, moved to Minneapolis in 1997, moved over 20...
I believe this building is a solid base hit, but may turn into a homerun if appreciation and rents increase in the area. I'd love some feedback.View report*This link comes directly from our calculators, ...
Do you still use the 1% or 2% rule to evaluate investment properties? I will be looking for properties in capital region NY. Based on podcasts and zillow research, it seems that there are less properties that meet thi...