Ben Skowronek
FHA down payment requirements for lease option
I've heard FHA loans typically require a 3-1/2% down payment. I'm currently in a lease option agreement with my landlord. When I secure an FHA loan, will I need to bring 3-1/2% to the table? Or will the $41,000 paid t...
Nick Akey
Should I include income tax when comparing rental properties?
I want to calculate the potential monthly income that I would receive from buying and renting properties.Example: If the income is $250 a month - should I reduce that number according to my income tax rate?OR is it st...
Molly Plude
During inspection process
Hello BP family, I need your help. We're in a process of closing our 1st deal on condo. Going through an inspection right now and our inspector tells us the a.c. unit is about to have it and it's the end of its life, ...
Brian C.
Fix & Flips Tax Strategies - Am I missing anything??
My two partners and I recently formed an S Corporation with the goal of generating cash flow from fix & flips so we can reinvest the profits into long-term rentals. We decided on an S Corp so we could reduce SE ta...
Hannah Leas
Capital Gains Tax Help on Primary Residence
Hey Bigger Pockets Network,I purchased a home (first home and primary residence) in August 2016 for $135,000. I put in about $10,000 of renovations. This home was located in Vancouver, WA.In July 2017 I sold the home ...
AJ Wong
How to lower property management costs on luxury STR vacation rental property
When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
Michael Dunn
HomePath and no required Apprasial.....
With there being no required Appraisal on HomePath listed properties, how then is the property given a " Value " ..... is it based on the Contract price?
I was thinking that an Appraisal would be necessary to...
Anita Afandy
How to reduce water bill in chicago?
Hello fellow BPers!I am wondering if any of you know a trick to reduce water bills in Chicago? I have a few multi family and their water bills seem normal. However, in my single family where I reside (in the northside...
Peggy Curtis
Quick question about when to cut your losses
I have a rental in Oregon, and so far we have never seen a profit, at all. The rent doesn't cover the montly payment, but we have incredible renters that always pay, always do the work, keep it nice and have been in ...
Julien Jeannot
How to Overcome Analysis Paralysis
Curious on your thoughts and what helped you overcome Analysis Paralysis.I find amongst my clients that analysis paralysis is a common challenge that real estate investors, like any other type of investors, can face. ...