Paul Welden
Big Hit to Second Home and Investment Mortgages
FHFA (Fannie Mae's and Freddie Mac's conservator) announced March 10 that they are limiting new loans secured by second homes or investment properties to 7% of the overall loans they purchase (roughly HALF their histo...
Vincent C.
cost-basis, repairs, capitalized improvements - taxes
I'm wondering if there's a quick guide somewhere to see what things are part of the cost-basis vs repairs vs home improvements that need to be capitalized and depreciated.Does anyone have a template or a spreadsheet t...
Matthew Bowling
Good money after bad
How are you dealing with properties where the previous investor paid too much for the property? There seems to be a lot of out of town investors in my city who overestimate ARV...or people who transferred property int...
Regina Li
NYC neighborhood suggestion
Hello, I am planning to house hack a 2 family in either Brooklyn, Queens, or Bronx. Any suggestions please for up and coming neighborhoods/good neighborhoods for renting out?
Luis Bermudez
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.I am close to acquiring this property for $298. At that price I would actually spend a...
Bruce Coleman
Buy & Hold Real Estate Investor Considering Agent License
Hello All,I am a buy and hold single family real estate investor. I am interested in obtaining my real estate license, and I was wondering if there were any disadvantages to doing so.I plan to purchase 3 homes over t...
David M. Ward
Richmond, KY 12 units/22 years NEW to Bigger Pockets
I'm new to Bigger Pockets and want to learn. I have 12 units (6 duplexes) in Richmond, KY and have acquired them over the last 22 years, with half of them paid off. I also own 2 duplex zoned lots and intend to devel...
Teho Kim
Would you BRRRR this 4 plex or just rent it out as-is?
I'm looking for some advice on whether I should renovate or continue renting out as-is. Home in question: https://www.zillow.com/homedetails/120-Ramon-Cardenas-Dr-Del...
Background:
I'm closing on a 4-plex in a coup...
Eric M.
Exit Strategy for home in which I overpaid
I trusted my realtor and was mislead and paid $30k more than what the house is worth. What is my exit strategy? I've just been stationed in New Orleans and this home is my primary residence. The idea was to rent it...
Michael Davis
Analyze my deal: 8-plex
This will be my first rental property purchase. Looking to increase rents, and renovate/fill 1 space that's been vacant for 1 year. Factoring 5% for each of cap ex/maintenance/vacancy. We have an in house team in pla...