Hello BP.Thanks in advance for taking time out of your day to consider my question.I am trying to position myself to obtain financing for another rental property next year.I currently have one rental property, of whic...
Investment Info:
Single-family residence fix & flip investment in Burgaw.
Purchase price: $41,000
Cash invested: $45,000
Home was flooded during Hurricane Florence. Made friends with some of the ...
Hi all,I am currently helping a friend re-design her studio which she rents from her boyfriend who owns the space. He seems particularly concerned about having to fix things I implement (patching, repainting etc.) bef...
Hello all, looking for some advice as I start to venture into the investment world.I'm kicking around a partnership with a contractor that I know. He's a nice person and is talented but we have not yet worked together...
I know I’m probably going to get some hate thrown my way for this, but….well, its nothing I can’t handle. Wholesaling seems to be really fashionable in real estate at the moment. A decade or so ago, I was about 20 y...
Hey BiggerPockets family! It's that time of the year again. Where everyone makes their goals - and most people fail, myself included! This year, this goal will be accomplished. I hope to be a licensed realtor in the s...
Hi there,
My husband and I are first-time landlords due to a property inheritance. The home we inherited does not currently have a mortgage on it.
We are looking at refinancing our primary residence, and I'm thinki...
Hello BP Community,
I have a tenant who lost her job and recently got approved for section 8. She was only approved for a 1-bedroom apartment and the rental unit I'm currently renting to her is a 4-bedroom (she lived...
I am interested in buying two properties at once. I live far north and the winters are brutal and so I would like to be able to purchase a second home down south with a conventional 5% down and a duplex using FHA in t...
Bonus depreciation is just a special part of the US tax code.
It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.
At the time of this writing, ...