Multi Unit 139,000. 2 doors 4 beds and 2 bathroom. 635.00 a month on each. Owner pays for trash. Least goes for 9 mo. One side is empty heyyyyy. That’s for me to move in. I feel I should offer 119.00 I feel tenants sh...
Hi fellow BP'ers!We recently took a personal 401k loan and used part of it for a 25% down payment on a mortgage (assume $25k). Additionally, we tacked on ~$6k in rehab costs to a personal credit card.With regards to ...
I'm purchased my first flip last month and am almost done with the rehab. I'm already in a purchase agreement to sell and am set to close the first week of July. I do not have a business entity set up and want to know...
Hello BP, I am interested in learning from investors what their preferred business bank is. My company is getting started in the DC metro area, and I want to know if others have a real estate friendly bank they use. W...
Hi BP,I have recently bought a 6-unit residential investment property with a personal HELOC. This property is under an LLC. Is there a way of getting a tax deduction on the interest I am paying on the HELOC?Thanks,Pedro
I have a rental that I purchased with a conventional mortgage. I have since deeded the house to an LLC (with the banks permission). Does it make sense to have the LLC pay the personal mortgage directly from its accoun...
Hi there bigger pockets!!! My name is Anna Ayala and I'm a resident of the great state of Texas!! I am super excited to embark on my adventure into real estate investing! So here is the deal I have two little boys, an...
I was reading about how the IRS is going to be more stuck on Venmo, Cashapp, Zelle, etc. for collecting rent from tenants. I wanted to get some thoughts on this and even if it is true? If it is true what other payment...
If anything we can call this practice : )Property is a side by side all brick duplex, newer windows and roof. 2bed1bath 800 sq ft separate basements and all utilities are in the tenant's name. Desirable area. Value:...
Hi everyone, my name is Maria and currently a final year undergraduate student pursuing a degree in finance, accounting, and management. My 2016 new year resolutions are to start planning and learning about real estat...