Hello, I am a prospective home buyer. I just turned 31 years old and separated from the Air Force after 8 years on active duty. This has entitled me to using a VA loan for a home, and I plan on utilizing it to it’s fu...
Biggerpockets, I am in a situation where I’m trying to plan my next move. I currently have two mortgages one is my primary and the other is a long term rental. I also bought two homes seller finance homes that are ren...
Investment Info:
Single-family residence buy & hold investment in Newark.
Purchase price: $205,000
Cash invested: $20,000
Purchased a single family property with an FHA loan and one year later I ...
Hi all
I have been investing in Australia and the Philippines for the past 15 years.
I lean towards buy renovate and rent , but also looking at renovate to sell as well .
My wife and I have 7 rental properties an...
Hi everyone! Hope you all are reaching your full potential in real estate. I have been working as a real estate agent (1099/ self employed) in NYC for the past 2 years. I finally decided to start investing and to use...
Should I replace my gravity furnace from 1952 for my rental property located in Minnesota? It's 66 years old so I am worried it may just die in the middle of next winter. I'm not sure how long they are supposed to las...
Hi Guys. About to launch a couple new airbnb properties and I have a question. For the first airbnb property, I'll be cleaning it myself and it won't be that much work. The second one, opening in a couple months will ...
Hello all, I've been considering short term rentals for some time. I've been diving deep into the financial aspect of how banks view income from rental properties (need to be on previous years taxes for 100% usability...
Hi everyone, I currently have a VA loan on my primary residence that will be rented out in the next couple months. I have only been living here for 4 months. My question is once my rental income covers my mortgage for...
Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...