I’m finally ready to tell the leap and buy a house, but because I live in an expensive Greater Seattle Area market, a mortgage on a quality home will consume a large chunk of my income. I’m looking for a creative hous...
I've been renting houses and duplexes for almost 12 years now, and this is the first time I've encountered this problem.I have a 3BR/1BA SFH that 3 guys in their 20's-30's started renting about a year ago. When they ...
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
I recently read on Bigger Pockets a post on Capital expenditures that included some generic numbers. http://www.biggerpockets.com/renewsblog/2015/10/13/real-estate-capex-estimate-capital-expenditures/The numbers did ...
I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...
How does one become an "accredited multi family investor" and what criteria is used to measure this?I am currently in the education phase of my journey, but also realize that I may be in a position to invest into larg...
Hi All,Happy to say I just closed on my first investment property. Its not been an easy process. As part of the deal we received an estoppel for the back house tenant. After closing we gave 30-day notice to this tenan...
Here are some guidelines to help you with your introduction post here in the BiggerPockets New Member Introductions forum. Please follow the following approach to introducing yourself:
1. Please try and ...
Preferably forever postcard stamps. Usually I use ebay for regular letter forever stamps I have gotten 2k for about 40¢/piece. About to include postcards in my campaign and would like to find similar deals if possible...
Hi BP!First Post!So I've been working hard the last month to learn all I can, and speak with lenders / agents and figure out a business plan. I'm at a point where I could use a little advice.Just a little info on my ...