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Reside in CA and considering buying a house for rental income in Memphis. I'm using the following link because that management company is used by the agent I'm dealing with.http://memphis.craigslist.org/search/apa?i...
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Hey guys!Wondering if I can get some feedback. My fiance and I are brand new investors and we've decided to house hack our 3 bedroom house. My first tenant who is also my friend will be moving in at the end of the mo...
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Hello Bigger Pockets Supporters,
I'm in some need of financial advice. I'll attempt to be brief since there's a lot of info to provide. I recently received a loan (30 year, 3.5% for $235k cash out refi tied to a prop...
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My sister and I are new to REI, but we're stoked as hell to jump in, and we happen to be lucky enough to have access to ~$275K in cash. We're trying to think through what is the best approach for investing this cash i...
Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more). However...
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Hi guys,So my tenant just moved out of the place and wanted to get your feedback as far as what you all think is reasonable to deduct.Above are the pictures of damages caused by the tenant.Before Move-InDuringMove Out...
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Are rental properties still a good option when you are buying after 60? Are short term rentals better or flips? I have more drive and determination than time. Would love to hear from people in the same situation and a...
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Good afternoon everyone,
My dilemma: Contemplating Purchasing first 2-family home. 3br lower 2br upper
Pros:
- Location, in the heart of town
- Tenant paying $1500 for 3br and wants to stay (been there four years)...
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Hi BP,I've been looking at potential rental properties with no particular location in mind and came across homes in Danbury CT. According to Zillow, a great amount of homes here that are in the $200-300k price range h...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...