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I looking at a 12 unit building. Location is very good, walkng distance to a lot of things, major super market near by. Previously asking 500k, 10 days ago price dropped to 450k. Owner has a 275k assumable mortgage @6...
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The general consensus in my area is that if you only have to negatively feed your investment by a couple hundred per month, you're doing good. Folks out here regularly will finance a rental at $1200, 1400, or more per...
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I've been interested in investing for a while now but I have also been a broke student for the past 3 years. Now I have graduated from law school, taken the bar exam, and realized that I don't want to work 9-5 for pa...
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Hi guys,I'm fairly new to bigger pockets and haven't seen a thread on Canadian tax benefits to investment property. I'm originally from the UK with a small portfolio and am now looking to relocate to the Nova Scotia a...
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HiNewbie here. Awesome forum. Love reading great posts. So this is my situation. I have a Solo 401k trust account established through mysolo401k. I have got my EIN too. They have been very helpful in answering my que...
I'm in the Houston trying to get pre-approved for a hard money loan. My plan is to buy and hold. My problem is my debt-to-income problem. I had too many business related write-offs on my taxes. I really don't want ...
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I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...
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Hi BP members!
Im new to the community and to REI. Im excited to get started and so grateful for your existence!
Background:
Im a urologist from Canada. Met my husband in 2015 in SoCal and he moved back to Canada ...
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I have just started looking for single family houses to buy and rent in the central maine (waterville, winslow) area. My plan (abbreviated) is to find plain but nice homes in decent areas, (not "high end" areas, just ...
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In this time of COVID I'm looking at purchasing extra property but am looking at getting the downpayment from cash refinancing properties. I listen to several podcasts aside from Bigger Pockets- Real Estate Guys and J...