Please excuse the long post. I searched high and low about the tactical steps involved in doing a “subject to” deal and it took a while to learn and document the steps. So I’m laying it all out for the next person a...
Hello BP!I was wondering for some advice - my husband and I are about to embark on our first house flip (exciting!!), we have analyzed the numbers etc and we are ready to try to secure our first house. We have not yet...
Fast forward 20 years from first reading Rich Dad Poor Dad, I've built up a portfolio of 50 rental houses, a 10-plex, a couple office buildings, and a tax-free annual net profit of around $200k. I've achieved my drea...
Hello Bigger Pockets Community,
I have some multi family properties (total of eight units) and the property management company has a shared bank account so they can deposit rents and then debit expenses with co-sign ...
Hello! Not a lot of posts from me of late, I have of course been buried. I wanted to pop my head up for a sec, just to leave a quick note on something.
For those that have not already refinanced and gotten their #co...
We are looking to build a portfolio but don't quite have the resources to pay cash and/or finance another property this close to our last deal. Is seller financing a good idea to pick up a foreclosure in a location w...
For those that are pushing, or currently doing the house hacking strategy in Colorado, what is the back up plan if your life situation changes and you don't want to, or can't house-hack anymore because you are forced ...
My tenant is requesting a 5 year lease. I was originally going to increase rent by 3% per year. Because they want to sign for 5 years, which will reduce vacancy costs, I should probably reduce the annual rent increas...
Do you have any experiences with Chicago demo court ? I have a property that's a good material for flip…but I would like to find out if the demo court is really tough to work with. Basically I would not like the situa...
Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...