Kaelin Lawson
New Member from California, looking to connect in East Bay
Hello BiggerPockets!I am completely new to real estate investing, outside of the books I've read and webinars I've watched. I want to get started here in California, specifically the Bay Area. I am extremely intereste...
Patrick Eddy
50/50 on a house hack?
Hey all! First time posting here. I had an interesting question about a first time home buyer who is looking to purchase in a pricey market (Oahu).I have a friend here who is talking about going 50/50 with another cou...
Frank Visaggio
House hacking primary residence tax implications
We bought a rambler where we got a permit to build a 2nd kitchen on the first floor/basement.
We are plant to rent it to a family member for a below market rate but even if we rented it for a market rate the rent ...
Nicholas Anderson
Structuring a Partnership
Hi Everyone,
Can anyone recommend a few resources around structuring partnerships for the purpose of buying and holding real estate? While I can bring in a money partner on a single-family home purchase, I’m hesitant...
Taylor Alseth
House hacking in HCOL
Hey everyone!
So I am looking to move to Calgary, Alberta within next two-three years. I am definitely looking to purchase my first home and house hack it. Real estate is very expensive in Calgary. I am looking for g...
Rudy Manna
Missing Sump pump
I am have a rental property (MFH) on contract that has missing sump pump. Any rough estimates on how much it takes to install cheaper sump pump (e.g., pedestal sump pump). The property is in low income neighborhood he...
Kenneth Kussman
HELOC to invest with
I have a single-family home rented out that has good cash flow. I recently refinanced it to a lower interest rate and added a little more cash flow as well.
I am employed so I use the cash flow from my current renta...
John Anderson
Accounting treatment for cash flow?
I am getting very strong cash flow, on a property that I fixed up last year. I am wondering whether the depreciation and the rehab costs can be used to offset this income? Yes, I am going to speak with a CPA, but want...
Derek Hall
Getting the right numbers to see how it works, prior to doing a contract.
Hello, I'm very new this. How do you get or figure the numbers such as current cash flow and ARV numbers prior to contract? I've seen some listings on Loopnet that has numbers, but most others don't. I've also read...
Kelly McCullen
Starting w/ "The Math"
Thanks for the warm welcome. I was literally practicing the art of the basic 2% rule using gross rents and sales prices. I've yet to find a deal meeting the parameter by following "asking price," but it's good "math"...