I have a refinance question, My first rental that I bought is a 3/2 that I currently owe just under $30,000 on. I have owned it 5 years, and rent is $900/month. I am in the same boat as most people as the down payment...
Hey everyone!My situation is somewhat unique so I'd love any insight, advice, tips, recommendations, etc. I just passed my Texas real estate license exam and am deciding which brokerage to select in Austin, TX. The pr...
Hoping this is the correct place for this. Apologies if it is not!
Hi, my name is John and I found Bigger Pockets a couple years back when I was looking to get into investment property’s. Unfortunately back then I wa...
What can I do if I did not claim depreciation on some years of my rental property ownership?Is there ever any benefit to not claiming depreciation?If I plan to own a property very long term, would it be more beneficia...
Hello everyone, hoping you more experienced investors can give me your input on beginning finances. First off I have done zero deals as far as investing goes but my wife and I are currently planning and preparing to g...
Hello everyone,I’m a senior in high school this year and I’m currently taking classes to get my real estate license so I can begin selling properties this summer. My plan is to sell throughout college, and invest into...
Heyyo! I'm starting to become interested in taking some of my profit and putting it into syndicates that happen to fit into an investment thesis I want to execute against, but don't have quite enough time to be a gene...
Investment Info:
Industrial other investment.
Purchase price: $350,000
Sale price: $405,000
Operational automotive repair facility that worked on all makes, models, and types of vehicles. I did not ...
Hey BiggerPockets,Here is my scenario:I have a tenant that wants to purchase my home with a current lease agreement as follows: Lease will terminate on 7/31/2106Tenant can terminate lease without penalty via a 90 days...
Looking at buying my first investment property. I believe my lender is suggesting a 20 year amortization with a 5 year balloon. Is this a bad idea for an investment property? Hopefully this isn’t a dumb question. Than...