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- Credit Checks are a major deciding factor? - Have you ever had success without running a credit check? - Great applicant, with poor credit, that’s the only issue, would you take a chance on him?
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Hey BP Community,
I'm reaching out for some of your savvy insights as we navigate a potential market storm. My partners are feeling jittery about jumping into multi-unit properties (think 2-4 units) before a possible...
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I hope my subject line was clever enough. Hi I'm Aaron and this is my beginning story/success story. Sorry its long.I stumbled onto bigger pockets about 2 years ago maybe. For me the real estate interest started by wa...
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Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
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Aside from the usual, human rights and discrimination aside, are there those type or class of applicant that you will not even consider renting to. Excluding the obvious such as criminals, those with pets or children ...
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Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...
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Hello!
I am a newbie investor, just getting into the game (scared sh*tless).
I need some advice about whether or not to create an LLC for my investment property purchase. I've heard from several people that you shou...
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I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...
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Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
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My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...