Hello! My wife and I own a vacation beach rental property. With the market going crazy, we are evaluating selling the property (along with some other reasons). The area I am having trouble with are the capital gains t...
Looking to eventually refinance a 7 unit apartment... will banks refinance at the appraised amount on an LTV that doesn’t cash flow? Say -400 to - 600 a month or so...I don’t mind absorbing this overhead if it means I...
Okay so I am new and don't know where to post this, so i am sorry in advance. Okay, so yesterday I made an offer of 1m$. The listed price was 1 050 000$ and my strike price is 945 000$. Is it okay if I offered more th...
The numbers seem to be so close in every analysis I do in the areas around me that I’m searching for multis. Currently I’m just researching deals on the mls. Should I make a low offer on these properties to make the n...
How are we doing here?We Bought 2 matching Duplexes in Feb of 2014 and paid $332,000 (+ closing costs) for both of them.They needed approx $37,000 ($18,500 each) worth of rehabbing and were occupied with tenants pay...
My LLC is registered with the state, the finances are set and we are looking for our first property. We must first however get our Operating Agreement set. We have actually agreed on everything thus far. There is o...
Hi all BP,I need some guidance. I have a tenant that has been great. They moved from my one rental to a larger one and agreed to the rent. Fast forward 5 yrs and I haven't raised their rent. I am now losing money ...
Aloha Bigger Pockets Fam,My mom and dad have a rental property. It was their first home they bought about 30 years ago now. Lived in it for about 10 years and have been renting it out for about the past 20 years. It s...
Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...
Hi all:Setting up my Airbnb listing for a medium-term rental. What's the best way to open up the calendar? Ideally I want to allow people to book in the next 4 or 5 weeks, with a minimum of 30 days. But does this m...