My initial thoughts were to purchase an existing duplex or triplex. I looked at several, with one being a triplex about 30+ years old. It brought in $1,850 total per month and asking price was 180k. It needed a few up...
So I have a non-primary house that is valued at $220k on Zillow (just a reference point), what options do I have to finance around 100k out of it to renovate the house? Credit is fair but not great, I have access to a...
Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
Good morning! I'm writing from Lancaster, PA
I have recently been introduced to bigger pockets and have listened to several podcasts. I recently heard one which suggested to write a letter to a home owner offering to...
Hi All,I guess I will start by describing my situation. Last year I purchased my first single family rental property with a standard 20% down payment. The loan amount was below the lenders typical threshold, but they ...
I have an opportunity to buy a great property in my neighborhood. $210,000 My wife and I would like to live there in 2-3 years when it is time to downsize. In the mean time I will rent it out or use it as an AirBnB ...
We have been landlords for over 20 years and have mostly rented to married couples and traditional families (parents and children). I’ve always been a little hesitant to rent to unrelated groups, i.e., 3 friends or tw...
Hi Guys, thanks in advance for all your opinion and suggestions. Here is my scenarios. I currently am renting a 3 bed home for $1500 a month. The real taxes this year is proposed to be increased to $3850 from $3500 la...
Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
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Is there anyone who have experience in investing in expensive area. I live in Brampton and average price of homes is near about 1 million . Finding positive cash flow property is really hard or near to impossible in...