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Hello everyone, my name is Jaiden Young. I'm new to BiggerPockets and have found this site from "The Book On Rental Property Investing" by Brandon Turner. I am a soon to be realtor in Illinois and have always been int...
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Can someone please explain to me how buying points work? Will buying 1 point decrease my interest rate by 0.25? Because I have lenders telling me it won't, but my research contradicts that. Do different lenders apply ...
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Recently just came across the notion of a BRRR-key strategy. Essentially, a BRRRR-key is leveraging someone else’s time, knowledge, expertise, and networks to get the BRRRR done. Isn’t this the same as turn key? I do...
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Hi all, I am just about ready to post my first vacation rental, located on the north shore of Lake Tahoe, and I'm frustrated that the California Shelter-In-Place (SIP) order has no end date. I'm unsure if I should:
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Do these terms essentially mean the same thing?ThanksMiz
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Hi,I have a condo that has been a rental property for a few years that I am getting ready to sell in the next couple of months.I also own a piece of land on which we are currently paying a mortgage. We may build on t...
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I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...
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A Data-Driven Outlook on Today's Economy and Its Impact on the Real Estate Market
In the world of investments, it's not uncommon to be bombarded with conflicting news and opinion about the state of the economy. Accor...
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So, I'm looking through MHP deals that have a ton of POHs and a few TOHs. From my research, I found that it's more advisable to own the park and lease the plots than it is to own the mobile homes on the plots because ...
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Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...