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Hi BP community!So excited to be closing on Friday on first multiplex purchase. Deal details here:http://www.biggerpockets.com/forums/88/topics/1675...Purchased from an estate, they sold as 2 lots combined, just talke...
Anyone can tell me which is better? (my math sucks)
$650,000 mortgage, 5 year fixed(closed rate)
1- 25 years; 2.55% with $2000 cash bonus ($2900 per month)
2- 30 years; 2.49% ($2560 per month)
If I ...
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I am looking for any advice and ideas for checking and savings accounts for rental properties for purchase and management stages. My questions include:-Do you have a separate savings account for acquisitions? -Do you ...
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Many cities and counties created rental assistance programs. This is REAL money that will pay the rent for tenants that cannot pay rent due. I believe most of this money came from the CARES Act. My office has complete...
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Hey BP fam....I wanted some feedback on some creative seller finance options. Scenario: Landlord friend is dumping his properties. List price 138k he owes 20k 4/1 The area can rent for 1200-1500 per month. No reha...
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Hey everyone,
I am a new investor that closed on my first property back in June of this year (new construction) and will be closing on my second (a BRRRR property) in the middle of December. Now that tax season is ar...
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What online savings account is everyone using? I have been using Marcus by Goldman Sachs for a couple of years now and have been happy with it, but have recently started to wonder if other online banks offer better r...
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I will try to summarize my situation. I sold a property last week and hired the necessary firm to put it into a 1031 exchange. I have a cap gain of about 400k. I have identified a property to purchased that would c...
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We have a particular contractor we have used for 2 jobs now. They do GREAT work. They are creative and stick to budget. But they are slow. I think I want to give them one more shot. Here are my thoughts. Offer someth...
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As I accumulate SFHs for passive income, I'm wondering if I need an accountant. I've always done my own taxes (including a single rental) using TurboTax. I'd love to hear folks thoughts on the pros/cons, especially ...