Hello BP community I have a pretty random question!I recently bought my first home not to long ago with the plan of living in it for about 3 years then either preferably renting or selling it. It’s not a distressed p...
I've done a lot of reading on Bigger Pockets and know that tenants like to threaten to sue, but have you actually ever been sued? Can/will you tell us about it please? I think this exercise will be a good learning t...
I have two rentals currently...I have roughly 6 years left on loan. I want to purchase more but wanting advise on how to do so. Should i see about doing a line of credit against houses? Or just try and do bank financi...
Hello everyone! I would consider myself an investor in his infancy. I am from Sugarland TX. Currently I have 2 properties (one in Magnolia TX and other in Katy TX).1st Property ($191k purchase price built 2013) is Ne...
So we are in the market to purchase a short term rental in a well established short term rental market.I would love to hear how people are able to accurately predict possible income and expenses.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $80,000
Cash invested: $55,000
Sale price: $179,000
Old Single Family Home went from a short term rental to fli...
Hello,
So I recently found out that you can only write off $10k from local and state income tax. Does this mean I cannot write off depreciation + property tax + mortgage interest more than $10k?Thanks in advance for ...
I'm looking at a deal that would be a pretty high-end rehab and flip in Atlanta. ARV will be about $700K. In order to get to that ARV I'd need to add a master suite over an existing garage that is 400 SF. I've done...
I am closing on my first investment property in 2 weeks. The last month I was under the impression that my loan would be a conventional loan on the duplex I am purchasing. The plan was to use my current house as coll...
Would you invest in a property with septic?...