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Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
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The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
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Hello BP community, I have been searching for a house hack opportunity in the New Orleans/Metairie area for around 7 months now and have come up empty. Nothing that has come on the market seems to meet my criteria, an...
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Hello from San Francisco!
I joined BiggerPockets to share my expertise in condominium management and property management. While my professional career has been in consumer credit underwriting and credit bure...
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Hi All,
First and foremost let me say this forum is top notch! The two things that strike me about it are 1. Everyone is here to give help/guidance which is really cool. 2. Everyone here is incredibly passionate ab...
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Two separate properties for a total of 40 units, all 2br/1ba.
In a C-/D location of big city in the south. Average rent of all 40 units is $450/mo with $450 deposit. Tenants pay all utilities except water. (what ave...
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I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...
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I have read lots of articles lately that those big hedge funds bought lots of SFR and converted them to rentals in Atlanta, which puts a lot of pressure on Atlanta rental markets. I totally agree with their analysi...
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Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...