I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate  expenses and depreciation e...

So I found out about BP about a year ago when I ran into my friend @Ben Biggs who I hadn't seen since Navy boot camp in 2010! Since then I've been learning as much as I could (still learning!) about REI and worked on ...

Hi everyone
My friend is a landlord and currently has his tenants helping out with some of the administrative property management tasks. In return, he provides these tenants with rent reductions. I wanted to see if a...

I'm a new Real Estate agent from Mississauga, ON and I'm fairly new to BiggerPockets as well. I have been loving it so far and I have learnt quite a bit from the various forums and articles I've been reading.  I own a...

4-unit deal

Purchase Price $105,000

Unit 1: 425 2/1
Unit 2: 400 2/1
Unit 3: 375 1/1
Unit 4: 475 1/1

Monthly Tot Rent: $1,675

OwnExp: Insurance, Lawn, Maintenance, Taxes

Year Built: 1920

ALL UNITS HAVE BEEN CO...

We are talking with a homeowner right now. He owns a condex in a very nice town. There is no other distressd property on the market like it (no distressed property has even sold in the last two years in this town) and...

This is NOT news I wanted to hear, but it is what it is . . . That is a Nasty uptick.
Delinquent FHA Mortgages Soar By Record 60% To All Time High
As a reminder, "mortgages that are in forbearance and have not misse...

Does anyone know how to calculate taxes on a sfh purchase in Miami dade?
I went to the county property assessor website and the amount came out to more than 3 times what the current owners are paying!
Is this accura...

I'm renewing the leases for a duplex that has 2 units: upstairs (3 bedroom, 3 people) and basement (2 bedroom, 2 people + 3 pets). There is one meter for both units. The strategy I have been using as recommended by my...

Hi,I own a property with 2 cottages on the same electric meter that I pay the bill on. When i renewer the leases I changed it so they would be responsible for their own electric bill (they have been abusing it with sp...