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Been doing a lot of research and prep work and feeling ready to start putting offers. Few questions still.1. If I use a HELOC or HELOAN from my primary residence to buy a rental, will the mortgage interest be able to ...
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Have been looking at a few properties but haven't been able to make the leap yet. Hard to part with money in the bank and get into another mortgage.
That said, our position is good. Plenty of cash - I have around...
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Greetings,I live here in the Los Angeles market and by no means expect to find any investment close to the 2% rule both on and off market. I have tried researching recent sales and cross matched potential rents in oth...
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This post has to start with a disclaimer. No one can guarantee returns, and there's a risk associated with any investment. Having said this, it will give those who are curious a rough ballpark of the kinds of returns ...
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Hello BiggerPockets team,
My wife and I have decided it's time to get serious with RE investing. We're starting this journey of Buy and Hold in the DMW and so far, we're learning that everything is super expensive, a...
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I always rekey all the doors in my rentals when I flip the units for a new tenant as I always worry about the liability of keys floating around. What is your practice ? What would be a landlords liability if a key fro...
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Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
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Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
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Hi,
I’m currently living in Orange County, CA and would like to work with a real estate CPA to do my taxes and optimize/evaluate my tax returns from previous year.
I’ve always done taxes by myself using TurboTax in...