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Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...
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I’m extremely new to this scene and am eager to learn as much as possible and eventually get my first property!
I’m very interested in house hacking and renting 2-4plexs. Here’s where I need y’all’s help!
What thin...
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I am a brand new member in Minneapolis, MN. I am in the "learning" phase of real estate investing and look forward to gaining knowledge and making my first deal in 2013.
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What's the best way to estimate the tax liability when evaluating a property?
Is this accurate:
(NOI - Mortgage Interest - Depreciation) * Tax rate
Which equals your taxable rental income.
Subtract that from your ...
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A landlord wants to sell her single family home to me on Seller Financing. However she wants to 1031 in a few years into a 55+ condo community. Would this solution work?1. She seller finances to me this year with a...
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I've worked with dozens of agents and dozen of investment property owners and their constant misrepresentation of cap rate has lead to this post. I have YET to see any one of them provide a proper cap rate and just w...
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Hello BP members,
I am a 17-year old high school student that will be heading into college in a few months. I'm quite interested in real estate and see the benefits it offers me. I have read purchased and read 3 books...
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I was just approved for a credit card increase through my credit union so that I can consolidate 2 cards into 1. My question now is do I close the credit card that I will roll into the new one. I have ha this card f...
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Hello everyone,
My name is RIck. I live and work in SoCal. I have made some savings and would like to buy a house in South LA. Mainly thinking about Long Beach, but I'm open to ideas and advices.
Very e...
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I'm a new investor in the Pittsburgh area. I have no experience in Real Estate and am looking to get into flipping houses. I'm still in the learning phase, so am not close to being ready to actually make a deal. If...