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I'm an active duty military member that is currently renting a 3bd/2ba for $1350 and have talked to the landlord about purchasing. Is willing to sell, just want to make sure I fully analyze deal without going into an...
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I am an investor and thinking on going for my Realtor license just to get access to the MLS and get comps ASAP. Also to sell my own flips to save commission cost. I want feedback from the Investors who got their Real...
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Our tenants just signed a new 12 month lease starting June 1st. Yesterday we noticed that the hot water heater for that unit needs to be replaced. We have two options for replacement: 1)buy a new one (we own the cur...
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A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...
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I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie
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There is a lot for sale in a well loved community and I thought of buying it and holding it or possibly building on it and selling the property. The owner is selling their home and wants to sell the lot with the home ...
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I have been researching for awhile and have just about resigned myself to signing up for LexisNexis for skip trace needs. Obvious downside is the high monthly recurring cost. Has anyone else used them before? Worth th...
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Hello bigger pockets community. I’m a brand new investor and looking to acquire my first property In the atlanta area within the next few months. My plan is to implement the BRRR strategy by buying, rehabbing, renting...
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Hello all. I looked over the hard money lenders on BP and I am unsure which direction to go to fund my first deal. I am looking at deals that all in after repairs will likely be under 100k. I am in SC if that matters...
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This may have been in another post, but thought I should bring it back to light.I think that not enough of us know, or take advantage of what most banks call a "re-cast" or "re-amortization" on a loan!! Typically, wit...