Mike C.
Advice? Buying An Owner Financed FSBO
We are looking at a SFH, a FSBO with owner financing. Seller is our friend, has already moved out, and just wants it done and gone without usual prep for sale, etc. So its "as-is" and seems priced accordingly.We are i...
Dane C.
Short Term Rental Tax Loophole for Physician
I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...
Arthur Banks
How to raise rents?
I'll be hopefully getting a closer look at a fully rented 3 unit I'm considering purchasing. The current rents are $600, which is about $100-$150 below market. The tenants are month to month right now. My question ...
Amanda Dallman
Self Directed IRA in Washington state?
Hi BP, The company I work for was just bought out and I have a chance to roll my 401K into a self directed IRA. Im looking for a host that offers IRAs that can hold real estate, rental properties and syndication. Is t...
Patrick Goswitz
Purchasing Materials for Contractors
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Carlton B.
Funding Flip with Family loan
Securing hard money loans for flips has become more and more expensive. So I'm exploring the option of involving family members as investors in my next flip, borrowing funds from them at a 10% interest rate, resulting...
Bruce Harding
Dissapointment After Looking at T12
Asking price for 23 unit = $1,700,0002016 NOI 66,966.00 Cap Rt. .0392017 NOI 63,531.00 Cap Rt. .037100% Occupancy typicall...
Jameika Southern
Single Mom in Houston
Hello! Newbie here to Bigger Pockets and REI. Looking to invest into a real estate however I feel that my situation is making it difficult.I currently rent in a suburb of Houston with great schools. I need the schools...
Tyler Kavan
What are rental write offs?
Hello All,
I am closing on my first rental property this week and am extremely excited to get started. I am trying to prepare as best as I can before closing to get everything setup as needed. Once the property is mi...
Jorge Ruiz
OFF MARKET DEALS???
Hello BP!I have a newbie question. My question today deals with OFF MARKET deals? What exactly does that mean? Here are my views:1. A property being offered for sale before it is even posted on the MLS.2. A property t...