John Lee
Will low tax income against your favor in refinance or mortgage?
So I have a good accountant that file my gross income tax down to 22k per year. Does it count against me when i try to refinance my property or mortgage? I current own two rental that are paid off.
William Coet
Interest Rate Increase Adding $420,000/Yr In Expense! Will Low Interest Return?
With interest rates on multifamily having gone from high 4s to high 6s the buyers expenses will be higher now than they were a year ago. A potential seller I know is considering whether or not rates will come down or...
Tyler Baldwin
Biden introduces plan to increase taxes on Real Estate investors
Presidential candidate Joe Biden plans is announcing a $775 Billion dollar plan to boost Child and Elderly care. It’s a decade long plan that will be paid for by reducing or eliminating 1031 tax breaks for real estate...
For years, we’ve been told that lower mortgage rates could reignite homebuyer demand and help improve affordability so first-time homebuyers (or even rookie landlords) can finally buy their first property. But, with m...
On today’s episode of The BiggerPockets Podcast, Josh and Brandon sit down with Bill Powers, a real estate investor from the Chicago suburbs, to learn how he went from zero to over 70 units in five years while focusin...
Michael Leeson
Addressing Racial Disparity in Home Ownership/ Wealth?
What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
Airbnb has changed, and if you don’t change with it, you could see your income start to dwindle. The good news? If you get ahead of the curve, you could make SUBSTANTIALLY more money from every short-term rental you o...
Sabrina Brown
Difficulty selling rental properties at loan amount
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Will Barnard
The Occupants from Hell!
I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...