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BP!When you refinance a BRRRR deal at a 30 year mortgage, how does the payment on the mortgage work? Hopefully the rental income covers the mortgage and generates cash flow. However it’s a 30 year mortgage for xyz amo...
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I am new to BRRRR, I have been flipping houses but want to supplement my income with positive monthly cashflow in rentals. Ok, this is where I get lost. My current example is: I have a flip house I am considering ren...
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Is it recommended to get a CPA who can handle my state/federal taxes and investment properties? I would like to find someone who can do both but I live in Los Angeles and am looking to invest in Louisiana. Any recomme...
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Hi everyone,I am new to the real estate investment game and recently bought my first home. I am renting out one of the rooms as a house hack and had a few tax questions as I work to keep records:1. How does depreciati...
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I am considering purchasing a 4 plex for $199k. The property cashflows $375 monthly, if it is fully rented out, and rents are slightly below market. I can get this property with almost no money down because I have a V...
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Hello BiggerPocket community!I'm new to the world of real estate and investing in general and have finally found the courage to stop lurking and introduce myself to this incredibly helpful community. I have yet to mak...
Hello everyone - I'm seeking advice:I'm finally at a point where I can purchase my first entry level condo in Los Angeles County. I will likely want to live in the home for two years to avoid long term capital gains b...
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I am looking to make an offer on a bank foreclosed property. The Zillow.com description of the property estimates the foreclosed property will sell at $117,000. The current "Zestimate" price for the property is a litt...
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I bought my first investment property! Now I would like to hear different views on what I should do. I can put about 3k into and end up netting around 20k in a month. I can rent it "as is" through HUD, and cover th...
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Hello all,My name is James and I'm hoping to learn a lot from this site about developing a rental property portfolio. My fiancee and I are professionals with careers, but I already own a side business teaching scuba d...