I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...
Let me preface this by saying one thing: I don't want to get a million dollar loan right now, but I do want to get a million dollar loan the next time the real estate market corrects itself.That being said, I've decid...
Before I even begin my introduction, I would just like to express my appreciation for the BiggerPockets community. I have been a voracious lurker since October, and the enlightenment I have received thus far has been...
Good Morning Bigger Pockets!
I plan to purchase a house hack-able property in SLC, and would like to strategize/ get some insight into the best way to go about it.
My current plan is to find a large house in either...
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
I just realized today that credit partnering is a fantastic thing. If I find the deal, and a credit partner gets the money at 3.75% (or even at portfolio loan rates), we split the downpayment and split the profits 50/...
I’ve recently been looking into multi family properties in Cincinnati and i came across something that caught my eye. I know very little about multi-fam at this point and just as much about Cincinnati Ohio and I may h...
So I'm doing a lot of research regarding buying notes, haven't bought one yet, but it looks like it could be a bit of fun.
I was checking out some loans on various websites (I'm sure these aren't great deals, same wi...
I've recently come across a deal for 2 units in a condotel complex. I was wondering if all of my BP friends could give their opinions about these types of ventures. To me, it seems like an interesting niche. The ma...