Thanks for anyone taking the time to read or advise, I love reading all of the thoughtful points of view!Current situation: I own 5 single family home rentals. Three I purchased this year in cash through my LLC, using...
Hi BiggerPockets friends,I purchased my first duplex in Philadelphia last June and am looking for tax guidance. I live in one unit and rent out the other. Does anyone have any experience with which deductions/credit...
My realtor sent me a foreclosure that hit the market this morning. He told me there are several showings scheduled today so I'm hoping to take a peek at it as well.Bank of America, asking 69,900.I'm thinking of borrow...
Hi everyone,
First time posting here but been a lurker for a while. I am looking at purchasing a small apartment building that has knob and tube wiring and needs some rehab - are there any issues with just leaving thi...
For individual deposits with regards to renting by the room, I’ve heard advice on various BP posts that you should split up responsibility for damage to the shared spaces. For example, if there are 4 bedrooms, each te...
Hello. I would like your feedback on a opportunity from a wholesaler. The house is in a good location. It built 1950s, 987 sq ft. It is a 2x1 but has potential for a 2nd bath. The issue is the framed house is bowi...
I was wondering if there was someone who has insight into how you can essentially become the "bank" for Pre-forclosure homes? How the process works, what all is involved, and the pros and cons? Or, if you just want ...
Here's the situation. Purchased a house last July and the inspection revealed several windows were rotten. Sellers agreed to fix, but the sizes are custom. Sellers arranged through Pella (and an independent contractor...
Hello, everyone. I'd like to start off by saying that I've already argued with people on this topic and I'm not looking to do that anymore especially with the same people since I've learned everything I can from them....
Hello,It's been ~3 months since I read BiggerPockets' The Book on Rental Property Investing and, with interest rates being so low, I'm trying to enter a decent house-hacking deal as I move away from NYC. I'd want to l...