Tristan Pearrow
Purchase Investment Property wwith No Income Docs - DSCR Benefits
Hey BP Community, I noticed a good number of questions I answer on here are related to trying to purchase a property, but having issues with income, so I think many of you will find this post VERY helpful. I really ho...
Kevin Jennings
A couple of rookie questions
Hello everyone. I am just starting to dive into real estate investing and still have a lot to learn before I either buy my first rental property or move and rent my current home. There is one thing that confuses me th...
Tiffany Murokozi
[Calc Review] Help me analyze this deal
I am considering pitching this to a few buyers to see if interested. I would like someone else to analyze the deal to see if they look like solid numbers an investor would be interested in:Purchase Price ($215,800.00)...
Dustin Beam
Pulling out initial down payment...taxed?
Hello beautiful people of BP,So, I'm no CPA, but it would seem that if I do not apply my original down payment on a property towards the new purchase, it would not be taxable as it wasn't actually a gain. So if I orig...
Larry Nielsen
LLC Tips for Real Estate Investors
Hello, looking for tips on LLC formation for real estate investors. Can I use a previously existing LLC? Would I need to re-write the operating agreement if it was not previously used for real estate? Should I start a...
John Underwood
VRBO and AIRBNB inquiries, Airbnb is creating unapproved discount
I Received inquires from HA/VRBO for Memorial day weekend within 20 minutes of each other. I have both set at $450/night. The HA/VRBO quote is correct, but AIRBNB quoted $415.25/night. I found where there is a weekly ...
John Brito
Do you pay to get LVP installed or DYI??
Hello BP, I am house hacking a 3 unit- which is currently vacant as I paint the entire apartment Agreegable Grey SW (clearly the go to these days). I am doing the painting bymyself in a 800 sqft apartment and shou...
Alyssa Hammond
Question about the Rental Property Tool
Hi everyone,I've been using the rental property calculator tool and I have a question about filling it out correctly. Under the "purchase closing cost" section they suggest $1,500-2,500 but my projected closing costs ...
Milagros Aspillaga
Build a small multi-family, or leave it as a single-family?
I have a small single-family home in Miami that is currently rented for $1,800 per month. The same family has been there for more than 3 years and they will most likely not renew after next year (2020). It is a centra...
Samuel Gebretnsae
Couldn't find any property with CoC ROI in positive tritory
Hi, I am new to real state business, I leave in California, and I want invest in rental property, so I am learning all the way through BiggerPockets, podcast, forum and books. Since I am remote worker, I can invest pr...