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Just wanted to see what everybody's thoughts were. I'm working on a deal right now on a second rental property that if I complete it, I'm looking at around $1,100 per month in cash flow after expenses. My thought is t...
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Hi everyone,
I’m a newbie to Bigger Pockets and am excited to learn from and to know this community of knowledgeable RE investors! So I’m just dipping my toe in real estate investing and am about to make an offer on...
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So I’ll start this post out by saying I’ve been reading threads & learning on BP for awhile now but just haven’t been in the right position to make much of a move so I never even bothered to make an account. Howev...
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I'm looking for anyone who has experience with this sort of setup.I have a group of 8 investors (friends/family) that are want to pool money to invest in real estate. I would be one of the investors as well as handle...
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Hi, I'm new to the forum and here's my first question.I just acquired a rental property and paid cash. I'm looking to refinance it once I deed it in my LLC name. I'm contacting lenders to have a DSCR loan and they see...
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I am doing numbers on a rental complex I am buying and just wanted to make sure my logic was correct. 1. These are rental duplexes. I assume depreciation 27.5 yrs. Also 35% tax bracket. 2. Assume home value is 1 Mill...
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Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
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When I bought my first duplex I planned to house hack. My mortgage payment was a supposed $906.59, and it was, for the first two months. Then I got an escrow statement in the mail. This letter made me aware that my mo...
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You can make A LOT of money running a Short Term Rental, but we know the horror stories with guests damaging your property is never fun.
When listing your property on VRBO, I highly recommend utilizing their damag...
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Hello Bigger Pockets!I was turned on to the podcast and am hooked. I have listened to about 12-14 shows in the past two weeks starting at show 1 and working my way in. I just purchased my first 2 bedroom condo in Ocea...