William Hamilton
Anyone use a Home Depot or Lowes Commercial Credit Card
I am starting a new rehab and was considering applying for a Home Depot commerical credit card. The reason was two fold. The first being I can build credit for my LLC. The second being I could use any financing deals ...
Account Closed
FHA 203K Renovation Loan - Questions
Hello BiggerPockets family!
I have a house under contract that I am using an FHA 203K loan to purchase. I am completely new to all of this and was hoping to get some advice from everyone here.
My first questions is...
Sami Gren
3 times the rent vs. Good credit score
Hi, I am renting out a 2 bedroom apartment for $1,200 I had two people looking at it, one person was an older mother not working with her daughter working that makes three times the rent net, but she does not have now...
Pedro Amador
How does leaseback work and closing on the property?
I might have a deal that another well known investor has but does not want to work on ATM. In the details it says 45 day leaseback and 150 on day 46 with a 5k hold. SO i have a few questions here 1. who gets the money...
Yvette M.
? asking to see current lease
Any prohibition against asking prospective tenant for copy of current lease?
Isaac Isaacson
1031 Experts - What is Boot and what isn't? Appraisals, Inspection, Surveys, Insurance, RE Tax, Etc?
In the middle of my first 1031. Of course my 1031 exchanger referred to their attorneys when I asked these questions. Yes, I will of course ask my tax professional as well. I am just curious to hear what other 1031...
Kyle Dube
What Values Do You Put In When Analyzing Rental Properties?
Hi everyone. When analyzing a buy and hold style rental property, where do you find the certain the information you use to make these calculations. Specifically, I am confused about closing cost %, rehab/renovation co...
Joe Wood
Accelerated Depreciation on SFH
Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...
Nicole Far
first duolex in Dayton OH - looking for painter recommendations
We just bought our first duplex in Dayton OH and the painting portion quoted to us by a couple contractors seems rather high compared to what we are used to in SC. Does anyone have a painter they would be willing to r...
Account Closed
Am lost on taxes and accountant seems too busy for me
With year end getting close I am trying to figure out what to do with my businesses to minimize my taxes. Cash is king. Can someone please help me. The online tax calc seem to not line up with my calculations.
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