Mark Glade
Capital gains question - selling rental property
Hello all, Quick question for you "experts" here. I have a rental property in GA that I'm looking to sell. I've owned it since 2004, when i paid $200k for a brand new home. I have rented it out since 2016. My mortgage...
Jason Hill
Is this a good deal for up state NY?
So I have a noob question. A seller is selling her house she wants 106,000 fmv is about 140,000. From my rough estimate it only needs about 10-15k in rehab. I offered 95 she only needs 92,000 to pay it off. So first ...
Russell John Walsh
Screening applicants with a co-signer
I may choose to vet a young couple , both currently off their jobs due to being non-essential. They want me to take a co-signer.
It seems, I would fully screen the two people, and the co-signer
Would I ask for tax...
Jae Kim
Refinancing Rental Property
Hi BP fam!I’m pretty new to real estate and I’m hoping someone can help me understand the refinancing part of BRRRR. Let’s say that I buy a $700,000 house with 20% down. I rehab the property for $80,000 and rent it ou...
Joe Koppel
What percent of my cash flow should I set aside for the tax man?
I live in San Diego, CA and am buying rentals in KC MO. I will soon have 4 rentals. I have about $320/mo positive cash flow on each after property tax, insurance and property management. Since this will be my first ye...
John Penola
401K for Down Payment
I'm a first time investor. My goal is to buy my first rental property in the Indianapolis area by Feb 1st 2020. I've been listening to BP for about 18 months and have read 10-12 real estate books.I'm considering using...
Michael Abernathy
Sell rental with positive cash flow to invest in more properties
Hello everyone,A quick down and dirty about myself. I live in Jacksonville, FL., work in IT and am currently finishing up my MBA. I have a rental property in Virginia Beach, VA that I bought over ten years ago. For...
Chris Heinmiller
Selling Raw Land to Non-Profits
Morning BP!Does anyone have experience selling raw land to charities and/or non-profits like Habitat for Humanity? I'm exploring tax deed auctions and there is a ton of raw land that pops up at these auctions. Seems t...
Ryan McGlasson
Strategies for finding and narrowing down cities for investing
Hello everyone! I had a question I wanted to ask the general biggerpockets community because I felt it could not only benefit my self to know but others. When you are getting started in real estate investing or even i...
Kim Livingstone
Best system to collect rent, pay bills and manage property
Any advice on choosing the best system for collecting rent and paying bills? I'd like to have renters submit rent payments directly into an account and want to be able to produce tax documents at tax time. System shou...