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I am getting ready to build a house for myself which will have quite a bit of glass in it, some of it floor to ceiling. I would like to get something that will insulate well in the Texas heat but still have a nice de...
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Hi,
If the yearly depreciation is less than the Income minus all other expenses, do we need to start paying taxes on the left over income?
example :
Net Income : Rent - (mortgage+insurance+tax+expenses) = $7,500 ...
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I am 20 years old and live in Minnesota, I recently got a new job that requires an hour commute so I decided to turn to podcasts instead of listening to the same songs over and over. When I stumbled upon the Bigger Po...
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Hey all, my wife and I have been looking to get into a multi family and house hack closer to work. I don’t know if its because we live in an EXPENSIVE area or because we’re trying to FHA a multi so the monthly debt se...
Hello, just got my first property residential property under contract a couple days ago. Still needs to be inspected and check out, but I just wanted to get the advice of the group on a few things. 3/2.5 with a detach...
As a California home loans professional, I do the best possible job for my clients. I've had many of my past borrowers as well as prospects call me, and ask my opinion of REO property. I've been suggesting to them t...
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So I have been doing looking on Zillow, auction websites, and other online resources to try to find foreclosures and deals and I’m not having very good luck. This is a very open ended question but I want to know how y...
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Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property. Some of t...
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Just listened to an interesting episode of the Bigger Pockets podcast with @josepha and it got me thinking about investing in a section 8 rental properties in more expensive markets, particularly my hometown Los Angel...
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We are all aware that the GSE’s Fannie Mae and Freddie Mac buy a large share of mortgages. This is believed to help put liquidity into the home buying process by taking these loans off the books of banks and mtg compa...