Was wondering if anyone would be willing to share and example of a balloon contract? Specifically, where the buyer pays the balloon upfront, finances for 3-6 years and then refinances to pay off the mortgage.
Hi BP. I'm analyzing a few properties for my first investment property purchase, which I plan on renting out to my brother and a few of his friends in a college town. I asked my homeowners insurance carrier for a qu...
I own a duplex in Ohio with one unit occupied. I’m remodeling the empty unit so I can get it rented out soon. My property management team charges me 8% monthly and I like them better than the other ones that charge 10...
Hi, this is my first time posting in Bigger Pockets so thank you in advance! We own an out of state 45,000 SF multi-tenant light industrial building in Texas (we're in California). We were hit with quite a few vacanci...
I get the tax code is a series of incentives or penalties depending on how one structures their financial house.Now if I own a business and invest in real estate, how can I effectively pay zero in taxes?If I’m creatin...
Hi BP experts,First of all, thank you so much for all the knowledge you've shared. I've read a lot about "passive" vs "active" income and how "passive income" is taxed as capital gain and "active income" is taxed as o...
I've just started an Architectural firm. One of my ideas was to exchange Architectural services to select clients for ownership in the project. For example, I know a couple of chefs who want to start their own restau...
Hello BPers...
I would like to throw an idea around and see what comes up. If an investor dedicated 100k towards investing, and had the opportunity to purchase a four unit property (valued at 400k) with 25% down, o...
From the few people I have spoken with from Las Vegas have generally said that the market is good for buy and hold and not so much for flipping right now. Is this true from others experiences. I am new to Real Estat...
Do property taxes automatically get re-assessed after you buy a property based on the purchase price you pay? If it does, how do you really evaluate a property properly?