I rent a room out in my SFH. It is currently rented for $100 per week. How will this affect my Taxes? Will I be able to deduct a portion of my mortgage and property tax as a cost of business? What other implications w...
For me it's a NO if the adult tenants simply don't have enough income or a low credit score. I've only done it for students, recent grads, or recent immigrants. I just said no to a family of 3 with only 2.4x the rent ...
Looking for some feedback if anyone has used Launch Financial Group for their DSCR loan on STR. I've recieved many quotes and preapprovals and they came back with the most competitive rate and terms for what we are lo...
What have wholesalers found to be their best investment (return on investment) for growing their wholesaling business?
Hey everyone, I'm evaluating an apartment complex in Central Texas. After going through the proforma I made, my NOI seems way low. I can't base the expenses on real numbers, due to not having anything that's current (...
Hey all! I am in contract on my first rental property!!! I am buying for 165k and expect it to appraise for $275k ARV. I have one mortgage guy telling me I can only get 75% of my purchase price out in cash. The other ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $75,000
Cash invested: $15,000
Mixed-use brick building with a storefront in the Camp Washington business d...
On a recent work trip to St Paul, I came across a house that is abandoned. Using this as an opportunity to practice tracing down non-resident homeowners, I went to the county assessors website as well as the county r...
Hello BP, I am having the hardest time finding a property's owner info. I've tried the public records.netronline.com with no luck, does anyone have any other suggestions.
Hello Bigger Pockets, My team and I are looking for a tip to point us into the right direction of how to convert our current tenant from regular rent she pays to a Sect. 8 Voucher (where rents in that zip code are muc...