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Hello, I was wondering if anyone had any insight on if expenses incurred in obtaining a vehicle for my real estate business would be tax deductible.Example: I own property in Michigan and purchased a vehicle for $10...
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Hey everyone, ive been virtaully wholesaling in AZ. I have a lead and am working on the price. My Formula is ARV x .75 discount for cash buyers - 20k light repairs - assignment fee. My question is how much of a discou...
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Hi Community,I've been fortunate enough to acquire a couple multi-family properties recently and with those I inherited the previous leases. So now the leases are all over the place; different late fees, timing of the...
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I've tried using the BP Airbnb calculator but it's not as detailed as I thought it would be. I'm looking for something that will let you plug in capital expenses, gross rents, management cost etc. Is anyone using a go...
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I have a tenant who just moved in a few months ago and has just requested permission to add her co-worker to the lease as a room-mate. I will obviously perform the standard background check that I put any other tenan...
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Hello BP members, My partner and I are in the process of buying 2 multi-fam in Newark NJ which we are going to owner occupy (1 owner in each property). We wanted to get some ideas on how to best limit our liabil...
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I'm looking for a commercial loan to purchase NNN properties, Most have 10 - 30+ yr leases.
The price range is $1M - $5M
I do not have 10-25% for the down payment.
Yes, I want 100% Loan -No Doc
Who can help me wi...
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Hey everyone I'm a newbie to bigger pockets and real estate general. I'm still very much in the learning stages. I plan on buying a duplex within the next year and learn as much as possible as I can in the mean time. ...
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Hi All, I need another opinion/clarity about my closing costs. Home is a multifamily for $380k, conventional loan, bought 1 point and interest is 6.125. Initial closing cost estimate was $13.5k. Just received disclosu...
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When working with lenders, it is often required that you provide a personal financial statement including gross income, expenses, net worth, etc. For personal use, these should be as detailed as possible so that you c...