Jon K.
Not many inquiries. Is it slow season?
I haven't gotten that many inquiries on Craigslist lately. The inquiries that come aren't ideal. I don't allow pets or smokers or evictions, so I know I'm limiting my potential rental market already.
My price is gre...
Johnathon Freeman
Starting a business while living in/renting a quadplex?
I am thinking of getting an FHA loan to get a quadplex while simultaneously starting a business. I would live in one unit and rent out the other three so I can live for free and focus my capital on the business. What ...
Ernest E. Davis
New Investor moving to Virginia
Hello, I am new to bigger pockets and I’m planning on moving to Virginia in the next few months and would like to house hack. I am an Army Reservist just returning from Iraq in Nov 2019. I work as a site inspector (F...
Terry N.
Earnest money in due diligence. Non refundable?
Got this response from a seller. Does this sound reasonable?“…seller accepted most of the initial terms of the offer, but requested the earnest money be $3500 in due diligence (non refundable) and $1500 in earnest m...
Jalen Leichman
Should I turn my BRRRR into Flip?
Hi all,Jalen here in Milwaukee, WI. In the process of my first BRRRR property. I bought a 2/2 duplex a year ago using an FHA loan with 3% down at a purchase price of $127K (it originally appraised for $130K). Lower un...
Cody Thompson
Creative Financing Opinions
So I'm working on my first real Estate deal. The seller is someone I've known for a long time and we are going to work out a seller financing option next Saturday.
I don't know if anyone has ever done a deal like th...
Gary Dayton
Need help with analyzing deals....example given.
Soooo. I was looking at some listings. I came across a 2bdrm 2 bath for 203,900. Similar properties in the area are selling for $300K and up. It needs a new kitchen, dual pane windows, carpeting/laminate, bathroom...
Account Closed
Trying to estimate sellers capital gains tax
I am trying to put together an offer with seller financing on a package of houses, think mobile home park but slab houses.I am trying to estimate the capital gains taxes the owner will encounter if a cash sale - to be...
Jray Randall
Renting from your own LLC ?
I recently started a retail store and I am running the business in a building owned by my real estate LLC company. Is there any tax benefits from my retail store paying a higher or lower rent?
Sean McDonnell
AirDNA Report -- Accurate or not?
Did everyone see this report from AirDNA? Have you found their analysis and property income estimators to be accurate? One of our local markets is #5 but I think there are other markets in our area that have more pote...