Joshua Nicholas
Tax foreclosure gut rehab questions
Hi everyone, I am faced with a problem I'm hoping some people on BiggerPockets can help me with.I'm looking to buy a 6 family property in my area that is going to be foreclosed on for unpaid taxes. I've negotiated wit...
Rick K.
100k/y excess income - looking for RE strategy
Hi all,I'm a 28 y/o software developer & entrepreneur. After taxes/mortgage/life/etc., I have about 100k excess every 12 months. I don't think this income will last forever, so I intend to invest all of it into lo...
Corbett Brasington
Can you house hack a 8 plex financing 4 personal and 4 commercial
If a seller is selling the units of an 8 plex, but all are for sell....is there any reason why I could not house hack 4 of the units through a VA loan that I personally own, then buy the rest in my LLC with a commerci...
Brendan L.
Seller to make repairs before closing instead of price reduction
After an inspection, I asked for an additional amount off the selling price. Seller claims that the reduction won't clear his costs with the bank and realtor. He wants to take the repairs I noted and have his contract...
James Khail
Which SF Bay Area city has the best purchase price to rent ratio?
I live in the SF Bay Area and have decided to buy my first single-family home.I fully acknowledge and recognize that the SF Bay Area and California (in general) may have some of the worst cash flow numbers in the enti...
Ting Liu
how to split capital gain tax with partner
I bought a building with a partner several years ago. But the building and loan were both under my name. My partner was not on any official record. Recently we sold the building. I'm just wondering how to handle the c...
Malek Bohsali
Raising rents in Texas?
Are you raising rents? If so, what percentage % ? Single family, long term rentals. We have ok tenants who don’t complain much. They do accumulate trash, old tires on the property. Units re-lease in 10 days or less...
Dakota Ochoa
How do I deal with LEAD PAINT?
Hello! I’m looking for some insight on lead paint.
From what I understand, as long as it’s not peeling, you can just paint over it. I just want to verify that this statement is correct with people who have encountere...
David Smith
Starting a 1031 --- one question:
My wife and I own a property. We plan to do 1031. My plan: we form an LLC. We sell the property to the LLC. Then LLC do the whole 1031 -- sell and buy another property, so that we can use llc to protect the re...
Tom Manna
Seller financing with subject to
Hi everyone,I’m currently looking at a deal in Massachusetts. I’m trying to figure out if it’s possible to do seller financing with a subject to on the current mortgage?About the deal18 units with an asking price of $...