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We have pleasant, reliable, and non-complaining tenants with us for a year now, and we are thinking of extending their lease for two years instead of just one. The only disadvantage I can see here is that we may have...
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Perhaps this subject has been discussed in depth before but I want to reinvigorate the importance of understanding the effects of recaptured depreciation and capital gains tax on sale of multifamily properties. I've ...
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I will be moving out of state but would like to keep my primary residence as a rental. I was contemplating leaving all the furniture and setting up a "room share" medium-term rental over a traditional lease agreement....
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Hi all, I wanted to get some specific advice as I am planning for my sons (and future children's) future, and am trying to decide on what type of account to open for my son to start investing
I originally was drawn t...
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Kind of new to REI. My wife and I bought a condo in 2015 in Farmington, CT with the intention of living in it. About a year later I joined the Navy and we moved out to California so we rented out to a school friend of...
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Hello Alli have an opportunity to partner on a multiplex in Denver. I have most of the cash needed to close on it but am short like 50K. currently we have about 400K equity in our first home. the rates to get a Cas...
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I have had a few offers from people who want me to lend them hard money. I was wondering if anyone had longer term real world experience on what they grossed /netted as a hard money lender? Please let me know what rat...
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I currently deposit 12% of my paycheck into my employer 401(k) and they put 50% up to a max of 6%. I also put $500 a month into a mutual fund (currently at 4k). When it reaches 5k I planned to put it in a ROTH, howeve...
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We have our second rental property ready to go and just had a couple complete a credit and background check. Background on both are clean but both have low credit in the 530’s. From the report it appears they have got...
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Hey BiggerPockets Family!
I have the opportunity to purchase a rental property that will have a guaranteed rent. The home is about $140-150K and is not in a busy area.
The tenant would sign a guaranteed 5 year lea...