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Happy Friday! Cheers!So my wife and I are both teachers in NY. We grossed $251,000 last year on our w2s and we file jointly. We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...
I need advice. I just got divorced and own my house, flat out, 100% with no mortgage. I'm debt free. Per my divorce decree and local law, I cannot live with anyone (called "cohabitation") with my 5 year old daughte...
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Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
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Hello all,
Seeking advice on how to analyze potential apartment development to hold and carry as an investment.
The building would be 8 units total project cost in the 1.2m range, and would be projected to gross ...
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Like many millennials, we have student loan debt. We make a middle class income and practice a smart saving, little spending lifestyle with no other debts. Currently living as tenants in someone else’s house-hack, n...
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I'm curious to know especially how the last 20 or 30 points were obtained. If there was any advice you could pass along that would be useful to others. I have good credit in the 770s but I would like to get it over...
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I know that the numerator of cap rate is the net operating income. However, I seem to see confusion on what is included on the denominator. Is it the entire purchase price of the property including any amount financ...
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In the commercial arena I've been seeing many listings for corporate-owed properties with lease-backs. I'm curious why a corporation would want to sell-off their property and loose control of both their rent and an ap...
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Good Afternoon y'all! I recently moved to Dallas after graduating from Texas A&M University with my masters in Real Estate. I am currently working for a real estate lending company in Las Colinas. Working in the i...