Hi All,New to the game here. Really appreiate this community and everyone's never ending help.I have been living in my current home for 3 years. I am renting out starting June 24. Is it safe to assume that the loan in...
I noticed in a market I am in that there are several properties that are listed in the MLS that are below the comp values. They don't appear to require any repairs. Example is the comps come out at 310k. They are ask...
Hi everyone,I just started looking into my first property to invest in (SFR or MFR). I am setting up the cash flow and appreciation expected for the first 5 years after purchase. I had a question about annual property...
Hi BP Members,I currently own a multi-family and I am claiming my direct expenses using the Schedule E for repairs, depreciation, etc. However, I need to keep my expense low on the Schedule E for bank purposes; I am h...
What does a cap rate of 7.9% tell you about a duplex?How do you use this information?thank you
Hello,
If my business partner and I take a loan out on our LLC (50% ownership) will it show up on my personal DTI?
Appreciate the help.
Thanks...Paul
I’m in Fredericksburg tx. This is a tourist town with 2million + visitors annually. The real estate here is booming. It has been for years. Everyone here knows there house values appreciate at a much higher rate than ...
What's the formula for the property tax rate for rental properties in Las Vegas? Is there an online calculator for this?I'm currently considering whether to 1031 a couple of rental SFH's I have in the DFW area over to...
Hi Guys,
If we received 36 k as a rent on a house located in California . Mortgage was 24k. The repairs were minor, so it’s negligible. How much would our state taxes be? (My husband keeps waiting for the bill from...
Hello brothers and sisters of BiggerPockets👋🏾. I have a situation I'd like some help with. I sent my very 1st letters out and my mothers neighbor (a duplex owner) is welling to sell. The problem is that his asking pri...