my friend has a rental that's way under water, According to Zillow it's worth about 160k, while he owes the bank 230k. i know Zillow is not the more accurate source, but 70k is pretty significant.the house is rented o...
On an owner carry transaction what is a reasonable late fee as well as how long of a grace period should I give the buyers?
Hey folks,After acquiring my 4th property, it's definitely time to stop doing my own taxes and get a CPA or tax preparer on board that specializes in preparing returns for investors. Can anyone recommend a good one i...
Hello everyone,I would appreciate anyone's advise. I'm on path to start a three semester physical therapy assistant program this May. I originally planned to become a PT but shortened my career after I found about rea...
I am currently in the works of moving from New York to Florida. My wife is in school to get her Doctorate and I am going to change jobs once she gets her career started in Florida in approximately 2 years. Our incomes...
I am a general contractor and a CCIM/MBA with a background in CRE brokerage and investment. I started my company a year ago because I really want to focus on development and building my own projects. To keep the light...
Hi all!Purchased our first rental home this year using a conventional loan. When it comes to (Taxes) Capital Expenditures - 1) Is travel to remodel the house (had to fly and rent a car) considered part of CapEx?2) Are...
Hey BiggerPockets Community!Looking to get connected with a local bank to SoCal that services their own mortgages.I have come to the realization that having a network and relationships with individuals can substantial...
Good morning Bigger Pockets! I'm new to the forums. I've been listening to the podcasts for about a month now, but decided it was time that I finally started interacting with the group.I am currently looking for a j...
Okay, I'm brand new to the real estate world. So new in fact that I haven't even purchased my own home yet. I'm currently renting, but I'm hoping to make a purchase soon, and I'd rather purchase something that'll pay ...