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Hi, I'm in the process of closing on my second deal. I have an 8-unit apartment and soon 4 duplexes. Both are Class C properties. Because I require lending I struggle to make the numbers work on Class A properties (ho...
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Hi! I'm Dan, and I'm pretty new to BiggerPockets. I've been a member since this summer and have started to listen to the podcast semi-regularly over the last few months. I've read a decent amount of literature, includ...
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Those of you that hold your rentals in an LLC? How do you do it? For various reasons, I would like to, as I buy rentals, have them in the name of my LLC. I know some people disagree with that idea, but it is somethi...
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This is a bit complicated (or maybe I am making it that way), but here goes.I hired a contractor, after vetting her and seeing her work. We signed a contract with a few specifics in it that are applicable. First, that...
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Greetings Bigger Pockets Community,
I have been reading the forums and all other info for the past 6 weeks or so while at the same time reading all the books I could find on real estate investing. It has been a drea...
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I am considering the purchase of a duplex (my first rental purchase).
I have run all of the numbers on it, and found the following.
Based on current rental income and asking price, the cash-on-cash retu...
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This is probably a silly question and I'm new to real estate in general. My question is, let's say now I have a project that I'd like to divide a large living room into two bedrooms (and might even create a separate b...
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Is it possible to short sell a house where the owners are current on their mortgage but the house is worth less than what is owed?Would lease/option and subject to be the only strategies available for a property such ...
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We recently updated completely a twin home located in a well sought area. It has one of the very good school districts. The home is on market now for over 3 months even when there is very low inventory. We have showin...
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Hello,
I am upstate NY amateur investor in quality single family homes.
I would like to buy a property which has an existing section 8 family tenants, for the only reason that I own and rent the adjacent property t...