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If I can get $1,000 rentals on a lot and 1400 sq ft new build for $100,000 all in, why shouldn’t I rent the home? In Dallas a high appreciating market, I want to build a 1400 sq ft 3/2/1 on my already developed lot, m...
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Hi BP, in December of 2020 I closed on my first property and am house hacking a duplex. I'm having trouble finding someone who can help me file my 2020 taxes now that I've got a rental property to consider. What is th...
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Hi all - I'm about to complete my first flip (on the market by the end of the month). Given that, my funds are tied up right now. However, there is an insane flipping opportunity just listed in the same market as a fo...
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So let's say that you had $500,000 cash to use as a down-payment.....You want to purchase a $1 mil multi-family building.... Would you use the $500k to get a 50% down and lower payment? Or split it in half and use $2...
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Hello everyone,First things first - I'd like to thank all of the contributors to this forum, your advices and inputs taught me *A LOT* - so I'm grateful for that.TL;DR: For a new RE investor with a good starting point...
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Hello Bigger Pocket members, Any recommendation on how to approach when charging for utilities in single family house with an additional detached suite?. This is assuming different tenants on each unit (one for single...
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What is your process for underwriting a rental by adding an ADU (addition or division)?Are you getting estimates in DD to decide?What forces more equity growth (addition or division)?
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Hi everyone! My name is Michael and I am seeking advice on how to go about my first purchase.I bought my first property as a primary residence for $258,990 with an FHA loan at a 4.875% interest rate. It's a one-story ...
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Has anyone here had experience with loaning yourself money from an LLC in order to get around seasoning requirements for your refinance? We are planning to use the BRRRR strategy, but trying to refinance as soon as po...
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When it comes to multifamily properties, some investors stick with Class A properties and see them as the best asset classes in the multifamily sector. After all, they are usually fully leased with top tenants, fetch ...