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Hi,
I'm getting conflicting advice from two CPAs and was wondering if anyone cares to chime in. Here is the situation. My primary residence is paid off and I want to tap into the equity in order to acquire rental re...
Hi RE folks, I plan on renting and managing two properties this year. One of the homes is alreay paid off, and I plan on cashing out refi into the second home.It's now time to separate finances. I've decided to go wi...
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Hi,
I am looking to move IRA money into a Solo 401K with checkbook control. For now most of the funds will go into real estate partnersips but eventually I may move some into direct real estate.
Does an...
Is it possible to say get a loan for like 100k and buy multiple properties with it? Is that allowed?
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How are taxes and insurance handled in a Subject-To deal? Most loans include taxes/insurance in the mortgage. Once ownership changes, the new owner would be responsible for taxes/insurance.
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Hi there,
My business partner (Jordan) and I need some help calculating the profit for our recent fix and flip in Denver, Colorado.
We, as a joint partnership, originally purchased the home for
$340,000. Jordan ...
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Hi All,
I am a first-time landlord in Massachusetts and just received a security deposit and last month of rent from my 2 new tenants. I am familiar with the rules surrounding the deposits, but do any of you...
Hello! I’m Tom O’Sullivan from Long Island, NY and I am the CEO of Residential Investor One, a cooperative focused on providing discounted products and services to residential real estate investors.As I continue to di...
hey guys, quick question
when calculating the cash flow or the COC % on a rental property, how does budgeting for CAPEX get factored in?
say i know in 5 years ill have to do the roof and it's going to cost me 15k...
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Hello all,
I am fairly new to the Bigger Pockets community. I am looking to purchase my first property with my boyfriend and partner, Michael, in the next few months. Ideally we would like to get the loan together an...