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I was told that if you or your spouse is a real estate professional and you own real estate, you benifit from it?? Is this true and what all does it mean. Thank you
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I've been working hard on my business (even though I am not yet in the business). My plan is to start working the business in earnest starting in 2015. I know that some would prefer me to spend my time getting deals. ...
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Hi! New to BiggerPockets! I was an airbnb investor for a few years but my financial situation got really complicated. Now, I am in a great financial situation and am looking to start investing again. However, I really...
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Hello BP Family,I have found this quadplex that looks like a great deal. This will be my first deal that I plan to house hack and acquire via FHA. Numbers work out at ~$600/month in cash flow after all expenses. Savi...
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I've been holding a few properties for a number of years now, and have been able to scrape by with my bookkeeping well enough to file my taxes. But now that I want to start growing my portfolio again, I know I need to...
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I have just had a big blow to morale. I have a SFH with 4 bedrooms and the tenant is on Section 8 in New Orleans, LA. The cooling part of the HVAC system totally died about a year ago (HVAC can still heat house). I...
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I have been renting single family homes. This is my first foray into a multifamily home. I have not spent more that 5% on maintenance on
single family. I do fix most of the minor leaks and repairs on my own.
Is the 1...
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Looking for input as I crunch some numbers. I'm new to commercial real estate and trying to learn as much as possible on how to evaluate a property's price/value. From what I've seen to get there is take NOI/Cap Rate ...
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Hello BP community,
Interested to discuss how other real estate professionals exchange their services for ownership percentages in buy and hold deals (multi family <4 units).
Specifically, we would like to provid...
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I'm under contract for a duplex (in Salt Lake) and the zoning rules allow me to add another unit of up to ~500-600 square feet.Unfortunately, the house is on a narrow lot and is pretty close to the neighboring buildin...