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I'm just debating a few alternatives as hubby& I look to purchase our first investment property. Can anyone share their experience in obtaining loans from Hard Lenders? Do they have general requirements such as In...
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My uncle is currently trying to refinance one of his rentals that has two units on one property.(Like brandon's Kurt Cobain house) The bank that he is financed threw now told him they won't refinance him because he is...
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I am just starting off and have completed my LLC. I would like to be able to offer owner financing on some of my properties. How can i accomplish this such that the purchaser benefits from the tax deduction at the e...
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I'm trying to find my first property, buy and hold / rental. What is the maximum distance / time you would recommend my search be contained to?
As a related question, if I bought a duplex, am I on the hook for lands...
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Our prior tenant screening company provided us a report within an hour or so.
Our new tenant screening company touts same day results in their advertising, their auto-generated reply indicates 8 to 10 hours, ...
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Yesterday was the day (finally) the sheriff came to evict my inherited tenant! Upon his leaving, the tenant asked when he will be receiving his security deposit (I couldn't believe it). In my leases, I include that t...
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Hello everyone---- I haven't invested yet, but I've read 6 or 7 books on foreclosures and how to acquire them. I think I have paralysis by analysis :cry: Can anyone help me? Should the first step be a pre-approva...
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Hello,I am evaluating turnkey vs. non-turnkey as an out of state investor. As I build out my model for ROI, do turnkey properties typically allow you to set aside a lower percentage CapEx / repair expense each month?...
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Lets say I rent a house out for $1200/month. My mortgage is $560. Expenses are (taxes $150, HOA $30, Ins $25) $205/month. Do I pay taxes on $1200 or just $435?
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Would like to start by saying how awesome biggerpockets is. I usually find answers to my questions in podcasts and blogs, however I am in need to help!! I recently went under contract on a 3-family home in Somerset Co...