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My ex and I were landlords for about 15 years with two rental properties. Cash flowed both and took nice proceeds upon sale of each, although sadly it was for Equitable Distribution since we separated. I have about $...
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I’ve been using the same insurance broker for around 4 years. He’s written dozens of policies, rentals and flips, vacant and occupied.I’ve recently gone and gotten a few quotes from another broker and they came in a f...
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Hi everyone, I'm new to BiggerPockets and to the Charleston area (moving in two weeks!). I'll be looking to complete my first deal (looking for single-family or Townhouse rental) and I'm looking to connect with locals...
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I'm surprised after reading this article:https://www.accountingweb.com/...Basically, if you have rental (or primary -> rental) and turn to primary, and then sell the property after live there for two years, the non...
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Looking to see how I should propose a partnership. I have 1/3 of a 25% down payment for a 1.1m 16 unit purchase. This is a great deal with rents under market and well maintained buildings. If I bring the deal and 1/3 ...
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Here's a current story of the mistakes made by an uneducated investor.
The subject property is a 2-story, 4 bedroom, 2 bath with a basement.
The current owner acquired it in 2017 in either an estate sale or a probat...
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I currently have 1 rental property and I'm looking to purchase a second in early 2017. I have contacted a broker who thinks that he will be able to qualify me for a conventionally financed home with between 10-20% do...
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Hi, I saw post mentioning that the rental income isn't taxed the same as W-2, I'm wondering how I can go about figuring out exactly how much positive cashflow I will need to equate my current income of 65k. I know ren...
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Hello All,My wife and I are new investors in the Cedar Rapids Area. We are looking forward to completing our first deal, and are excited to meet/network with all of the many like minded individuals on BP. I am a bla...
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Hi everyone,I started as an accidental landlord and now own two rentals in the Fort Worth/Arlington area. I'm looking for more active income and want to flip my first house, but I'm concerned about financing with har...