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Hello BiggerPockets.I'm pretty new to the real estate investing business. I do not currently own any properties. My aim in to obtain 2 rental properties in the next 12 months, and scale up as I go alone.The issue (a g...
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They called me at 6am but I didn’t get it until hours later. They Went to Home Depot and spent $15 fixing the hose. I told them to take it off their rent. They said don’t worry about it. Plus their their time and mile...
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Hello everybody,
Hope all is well. I bought a condo last year on my personal name, did the work it needed & sold it later. To those who have done this before & have experience. What is the best & busines...
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I have a question about the appropriate amount of information that should be revealed in an ad regarding the credit scores and exposed incomes requirements we seek. I wish to reduce calls and meetings with folk that d...
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How does making an extra say $1000 towards mortgage principal affect the mortgage? For example if I pay an extra $1000 on the 15th, would that reduce the amount of interest I pay next month since my mortgage balance i...
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So let's say you contract with a seller's real estate agent to sell your rental property. There is a clause in listing agreement that allows seller agent to shift into being a transaction agent if they put offer in fo...
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Hello BP,I’m wondering about whether I should install a keyless system on one of our rentals. We have used them on STRs and they’ve worked great.Wondering if they would be a good idea for a traditional rental and if s...
Hi all,
I understand from the many post that only 75% of the rental income is considered as income -PITI= $$$ <- if positive, additional income, if negative, additional debt.
I came across a recent post that is ...
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Has anyone done a cost segregation on their tax returns and that reduced your W2 income through the losses claimed? How did you navigate getting a loan with the reduced income on your tax returns? I know you can use a...
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If a seller is offering $10k in assistance but the PP is only $189k on conventional a loan with only 3% contribution allowed, what are all the options for the for any of the left over contributions after. paying closi...