Hello Everyone,My name is Eric and I am an aspiring to get more involved within bigger pockets and the real estate community. I am based in the Philadelphia metropolitan area. I am looking for some feedback and advice...
So we are looking to turn the half bath on the second floor of our house into a full bath, so we can turn that into a separate unit and house hack. We had a contractor come over to evaluate the job. He did not take an...
Seems like wholesaling is one of the most popular topics in real estate investing! Not sure that I would be interested in strictly following that path, but I am open to including it in my investment strategies. I am c...
My primary residence is currently bank owned and they are willing to sell it back to me for $140,000 cash. Comparables I'll run my area are between 300k - 330k. Everything in the home (which is a cape, 3-2) has been g...
When applying for a loan on an investment property… some lenders say I need a lease signed (for proof of revenue) to qualify, others say I don’t “necessarily”. It seems it is a gray area to the 7 lenders I asked. Can ...
I love this forum and am so grateful it exists! I'm a newbie getting ready to make my first purchase and trying to determine the pros/cons of HML, HELOC or using savings. I'd love to hear everyone's thoughts on this. ...
This IRS topic defines rental income in this way: "Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income." The question is ...
Hello BiggerPockets Community!My business partner and I are in the process of buying our first SFR in Kansas City, MO (Possible F&F or BRRRR). We offered $40k, and the seller declined. We were contacted a week lat...
Currently stationed for army in oahu hawaii have a year left before I get out and want to invest in a house is it possible to make 50k in profit within next year when I sell? In trying to buy it and hope to make money...
Hello everyone!I am fairly new to the multifamily investing space and have been intrigued by the syndication structure. Recently, I created my own underwriting model, getting inspiration from various sources, and I am...