A little background..... I live in Brooklyn with my wife and 2 kids. We love real estate but find ourselves priced out of our local market. We own two out of state SFRs that we bought turnkey and they are performing w...
Hi BPs!I need your feedback on this. So I've applied for a mortgage loan. The investment property is in Illinois, a 3/2 house. It appears that I've passed all the requirements from the underwriter except for one th...
In my lovely area of Seattle, the city council and the entire state government here are socialists. I live in the People's Republic of Seattle. The liberal government here believes that it is evil to make a profit.1) ...
Hey BiggerPockets Crew - Rent Control proposals are big deal for many national multifamily markets as the trend trickles across the country: Rent control in one form or another seems to be on the horizon for Boston an...
I just bought a house in my name that I intend to rent out. I paid $46K for it and closed on 14 Nov. It needs around $35K in repairs, and those repairs are ongoing now and should be finished by 25 Dec. I would like to...
Basel III requires bank lenders to hold greater reserves. What does this mean to you as investor? Price increases. The cost to carry cash for banks to appear solvent will be passed on to you as a consumer. The interes...
Hello BP forum! I have been learning a lot from this site in just the last few hours that I have joined. It is definitely overwhelming with the amount of information loaded on this site. I am eager to start REI, sp...
Hey Guys,
I'm pretty well versed with doing my own taxes, using turbotax or whatever.. I have the 2008 home and business edition here.
This year I bought my first house, a duplex. I live in the lower, and the uppe...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
PSA: Vegas rents have spiked significantly the last 2-3 months due to high rental demand, low supply and institutional investors heavily investing in our market. The institutional investors have been listing homes for...