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I just received notice from my realtor that my buyers from my first flip in Burien, Washington (SW Seattle area) pulled out of the contract because it failed inspection.Two reasons:- Roof needs to be completely remove...
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Hello BiggerPockets ! I am writing this post with the out-most trust in this community and want to get different points of views on my financial situation. I love this platform and have been following it since 2015 as...
My son just (yesterday) bought his first house. It turned out I had to co-sign with him. I was honest and told the loan underwriters that I was picking up a new Tesla this week. They said I couldn't get a new loan,...
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Looking at a potential foreclosure property, backyard of house is on a slight decline, as is all the other 5 houses in a row. There are several cracks throughout the exterior of the house, some have even been tuck poi...
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I have recently talked to a motivated seller who received a piece of my direct mail. The numbers are tight, however, if I can work with the seller directly and he doesn't have to pay the realtors commission I belie...
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Hey guys,Looking for advise. I recently turned one of my SFH into a house for transient workers (traveling nurses, ect). I've found great demand for the product, but everyone backs out when I ask them to do the foll...
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We've recently sold a condo in Myrtle Beach and bought a new beach house in N Myrtle Beach/Cherry Grove and I'm looking for some top suggestions for features that guests love to see in a property. We thought we had do...
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Hi experienced/ inexperienced guys and gals alike. My name is Tarica but you guys can call me Rika. I am a nurse from Rochester, NY looking to rip the bandaid off and jump into the RE game head first! I am super excit...
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I'm looking at buying in an off market 4-Plex in Austin Texas using FHA financing where passing the self sufficiency test is iffy.In my calculations, 75% of the total rent covers approximately 100% of the PITI. Howeve...
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Quick survey here. I heard a quote from Rich Dad's tax advisor Tom Wheelwright saying something like "if you're investing in real estate and you're paying taxes, you're doing it wrong."
So, do you pay taxes? How man...