Eric S.
Seller to apply 10k credit to closing instead of reducing price
I am currently in contract for 2 unit at 300k with 4k closing costs. . Each unit rents out for $1550 currently. Taxes are $3300 a year. Everything is good appraisal came back good. Only thing we are going back and for...
Steve S.
Apartment complex reduces to fix a/c. What can I do?
They’ve been out 6 times. A/c runs all night and at around midnight gets to 77 degrees. It’s an 800 sq ft apartment so shouldn’t take long at all to cool offThey are clearly trying to run out the clock on summer. I’ve...
Account Closed
Is the realtor's comission reduced if the property sells for less
Hello agents, are your commissions reduced if the property sells for less? Lets say a property is listed for 100k you get 3% which is 3k but then the property gets sold for 50k do you still get 3k or 1.5k?
Oluseye Faleye
Does rent from Primary Residence reduce my Debt to Income ratio
I have been a member of Biggerpockets for a while and absorbing as much knowledge through the forums and experienced members. I currently have 2 rentals and a high priced primary.
I am currently trying to increase m...
Jack B.
Buy more real estate or hold/call it good/reduce risk?
Background:
38 y/o male. High income IT Management. MBA, no student loan debt (paid off), average paid off car. Sitting on about 800K cash and 900K equity between four properties, 3 of them rentals (I sold a couple)....
Meghan Riley
Besides 1033, how can I reduce short term capital gains taxes?
I recently completed my first flip. We purchased the property August 10th and close today (November 24th), creating a holding period of 3 months. We profited around $140 on this flip after closing costs. The selling p...
Vikram Sharma
Section 8 Tenant portion of rent reduced by the housing authority
Experts, seeking your advice on handling the situation with a Section 8 tenant living in my triplex. I inherited this Section 8 tenant on my property. The total rent I had been collecting on this apartment has been $9...
Jackson Sandland
Bring in an out of state crew to reduce construction cost?
I own a ~6200 square foot house on Martha's Vineyard that I would like to renovate and sell. Construction costs on the island are insane. I was speaking with an experienced flipper / investor this morning who thinks t...
Robert Lee
Can you "pay" an onsite prop manager in reduced monthly rent?
Hey Guys,I am a partner of an LLC that has owns and operates investment properties in Caifornia. I also manage the properties while living in one of the units.I currently receive a property management fee which ends ...
Robert Lee
Can you "pay" an onsite prop manager in reduced monthly rent?
Hey Guys,I am a co-owner/manager of an LLC that owns and operates investment properties in California. I also manage the properties while living in one of the units.I currently receive a property management fee which ...