James McCormick
Best Lenders in Louisville Kentucky
Hey everyone! I'm looking to move forward to buying my first house! I'm looking to find the best lenders in the Louisville area. Probably going to shop around for a week and see what the best rate I can find is. If yo...
David Krulac
Went to a 416 property auction...
No phone or internet or pre-auction bidding permitted. Needed 100% of purchase price on the spot to be paid in full within 10 minutes. Rules of the auction no cash, and no personal checks. Preferred payment was cer...
Brady Tome
Multi-Family Deal Analyzer
Hello all,I am currently searching for my first multi-family investment property. I've been using the basic Google mortgage calculator, but I want to know if there are any other tools I can use to get a more detailed ...
Michael Coco
Partnering for BRRRR
Hi, I'm currently trying to start my real estate journey. I have a loan pre-approval and "some" money for a down payment (though my loan costs would be lower if I had more). I know having a mentor is good (accepting a...
Jason Mancini
Newbie from Metuchen New Jersey
Hello everyone! My name is Jason Mancini and I’m thankful for this website!I’ve wanted to own rental property since back in high school but my real-estate investing experience is very limited. My interest was sparked...
Jordan A.
Coming into 400-650k profit. Where to invest?
Selling a property this month.Currently renting for 8k, mortgage is $4500. Profit of about $3500 monthly but selling due to market and some personal issues.profit will be 400-650k pre tax (if I do 1031 exchange). tryi...
Rod Lloyd
Doing an eviction in Washington State
When we lived in LA I did my own evictions. The county court provided the forms and tolerated pro per submissions. I was quite successful.Now moved to Washington state, I went to the court house, they told me there ...
Jahannes Wilder
Hello BiggerPockets Community
Hey there, I'm Jahannes Wilder, a 24-year-old in the Houston area. Having just moved from Cleveland, Ohio, I'm excited to immerse myself in the city's thriving market and connect with other like-minded individuals who...
Joe Lijoi
Tax treatment of LLC with no income but expenses
Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
Kim Cooper
NOI Calculation Question
Should NOI subtract mortgage interest as an expense? The NOI formula that I am working off of is: NOI = Pre-tax annual rent income + other income - vacancy - operating expenses. Is mortgage interest included in NOI?...