Robert Hastings
efficient heating options? philadelphia row home. i pay electric!
i purchased a home that is a rooming house. three rooms. renting for 100 per week per room. in a perfect world, with no vacancy the home will collect 1200 gross rent. i paid 17k for the house tenant occupied. low...
Astrid Cuas
YAY. My offer was accepted. Buy and Hold; Nervous
Hello BiggerPockets,Happy to report that after 8 months of research; three offers rejected and two realtors I finally got an offer accepted. Small multi-family in a nice area. Asking price: 55K, Duplex, built in 1910,...
Josh P.
Quick Question about the 50% rule.
When I'm using it to figure my monthly payment and therefore the max I should pay for a property, am I to go by the monthly payment amount for a 15 year or a thirty year mortgage?
Mo Nueman
Seeking Recommendations for Remote Property Assistance
Hi All,I am interested in out of state property investment. While reviewing properties online is a great start, sometimes I need some boots on the ground to help me with them. I am looking for recommendations for an o...
Amador Abreu
Potentially dangerous eviction - Seeking Advice
Dear Community,
I recently purchased a house at auction in Tacoma, WA. The property includes a small house with a detached garage, offering significant potential. However, a challenging situation has arisen: the prev...
Shamus Wheeler
How do you self-manage your rentals?
To provide some background, I am purchasing my first 4 unit property in a rural area. This town is my hometown, but I now live ~5 hours away. I need to put some sort of property management in place. There is only one ...
Michael Plaks
EXPLAINED: "Real" cost segregation vs. DIY cost segregation
When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...
Nat C.
Fourplex crisis
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
VaShaunna Dixson
Small Business Line of Credit 40K, Next Steps?
Happy Tuesday BiggerPockets. I am seeking some "what would you do" information. If you were in the process of gaining your first property and were approved for a 40K business line of credit, would you buy a SFH (ther...
Lee Jedlicka
First loan - LLC obstacle
Hello, amazing community,
I am about to purchase my first duplex in Florida and having a hard time obtaining a loan because of my LLC not being active for over 2 years.
I have been working as W-2 for 8 years. Beco...