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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...
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I would love to get some feedback on strategies and pitfalls of marketing for and closing out-of-state deals. My wife and I already have our business established in central TX (I live in CA) with a small apartment bui...