How much of your profits are eaten up by income taxes on rent paid each year?? I know you get deductions for depreciation, and maintenance but even after that, it seems like any profits would be eaten up and possibly ...
How would you structure a deal with a passive financial partner?I have someone interested in my passion for real estate education. Although I’ve only completed one deal and have just one SFH at the moment, they would...
Hi! Is anyone buying non performing loans? I am looking to learn more about this area.
Bought the house for 198k over a year ago with an FHA loan and I have a $1059 mortgage. It is now worth about 245k and I have lived in the house for over a year and want to buy another property. I was wondering if ...
I am thinking of buying a building on the South Side. It is in a bad neighborhood but has a great cap rate. Does anybody have experience with this type of property? Do you recommend it?What goes wrong that will affect...
Hello friends,In October I had a tenant abandon my SFR. They left the place a mess. Most of the damage was due to their dogs that were in the lease agreement but I wouldn't think that matters. Their security fee wa...
Let's start with the good news. First, this is my first post on BiggerPockets, even though I've been an avid reader and podcast listener for more than a year. Second, my partner and I recently purchased our first rent...
hi,
I'm hoping someone here can provide some insights...I'm reluctant to divulge this information to just any "advisor" whom I don't know well (for reasons which will become readily apparent), so I thought posting it...
Can you still find great deals in today’s cutthroat housing market? Of course! But you may need to go off the beaten path. Rookie investor Karl Denton looks beyond the MLS (multiple listings service), focuses on under...
I have a HML funding 100 percent of the purchase price and Rehab. Should I get a second lender to fund for the interest payments? For the HML?