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Hello,
I am trying to narrow down my selection of sponsor.
1. Has connections in nyc even though he is in another state . Has a large organization. Had 3 calls with him yesterday. Attended his weekly meeting and...
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I’m going to buy my first real estate investment I am staying in my great rental in Brooklyn in a prime location where I’ve lived forever. Loan options -FHA for multifamily idea 3% down - Fannie Mae / Freddie Mac 3% d...
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Carpet is depreciated over 5 years and new hardwood floors are permanently affixed to the property so it should be depreciated over 27 1/2 years. What about laminate or engineered wood flooring? Looking online it is...
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Hey BP,I'm new to the community. I'm interested in real estate investing, but there is so much to learn! I have a question, If my husband and I were interested in buying and apt complex (4 units) at an auction and the...
Good morning BP community,I have a really quick question regarding making offers to sellers in a wholesaling transaction. How should we calculate the offer that we make to a motivated seller?Typically I've been told t...
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Good Morning BiggerPockets
My name is Doug Meeuwsen and I am a new 31 year old investor from Hillsboro, Oregon.
My question to investor community is related to rent rates when analyzing a property.
As a new inves...
I joined BP last week and have been navigating the website to get familiar with all it has to offer. I'm impressed with what I've seen so far and I'm excited about all the possibilities it may bring.A little about my...
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Hello all. I hope this is posted in the correct spot. I own a rental property in Sarasota Fl. Here are the stats:Single family 2/1/1Purchased for 159k in 2004Owe 115kMortgage/insurance/taxes/hoa are 1300.00 a monthCur...
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Hi everyone,I have a good tenant in a SFR (man, woman, and 2 kids). I've never had any problems from them, and they've always paid their rent in full and on time. I got a text from the tenant this morning asking if a ...
Is it smart to buy a house for, let say, 7 000 dollar, renovate it, find tenants and then let a property manager do the day to day work?
Or, in the case you dont live in Buffalo your self, buy a fully renov...