We are set to close on a 4-plex end of January that is currently rented but WELL under market value (only $350/unit). We are needing to make some extensive updates (electric, bathroom/kitchen remodel, drywall, paint,...
I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...
This is my first property, and my first prospective tenant. They will be listing their home in another State next month. Currently, the wife just moved here as her husband has been in the area working. They are in an ...
Does Rent Hacking work better than House Hacking in most markets? I am wondering whether it is better to rent hack than house hack in most markets.
After buying a home, how soon can I go to a local bank to get qualified to purchase a multifamily home? I currently own/owner occupy a duplex that has no mortgages and I plan to refinance it to purchase other multifam...
Hi All - I'm curious to hear how much stock you all put into the US Home Price/Gold Ratio:https://smaulgld.com/wp-content/uploads/2015/03/US...Personally, I like to look at the price of assets relative to other assets...
I have an application in hand at a rate that is probably top of the market, for now at least. They want a 3 year lease though. What are yalls thoughts on that?
Click to link to our latest email to Owners & TenantsHey BP, happy April...if your weeks have been like mine then I'm sure you have had little time for organized responses and even less for productive posts on Big...
Hi everyone! I have a question that may seem silly but I’m curious to know if I can house hack a duplex and rent out a triplex at the same time. I’m aware that I would have to put down 3.5% on the duplex since I’ll be...
Hello everyone. I am under contract on a duplex in a good area of Springfield, Ohio. Current rents are well below market @ $460 and $500 a side. The exterior of the property is in excellent shape but the interior does...