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Bought a 2 flat 9 years ago in Chicago, for 160k with 3.5% down. Now it's worth over 360k. I can get about 145k cash from it. Would it be worth investing that into a rentable 2 bedroom condo? I can get about 350 per ...
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Hello Biggerpockets,
I need a bit of advice. I own a condo (in Dublin, CA) that I am currently renting out. The rental I get is $2800. The costs are $2750 broken down as follows
Principal and Interest = $1850 [30 y...
I am looking to buy several homes. I have recently purchased a home in Huntsville, and one last year in Austin. I am looking to add approximately 1-2 homes per quarter and like the price range of 200,000-325,000. R...
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Hello! I have a home in the Denver area and am looking at options to purchase a second with hopes of making this one an investment property. I don't love my current mortgage broker so I am looking for rec's on invest...
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Pros and cons of having my properties under an LLC? I would like to know about your experiences and learn from them, should I transfer my properties to an LLC? If yes or no, why? Thanks.
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2021 is my first year as a landlord and to save money I'm doing taxes myself for the first couple of years. To avoid doing anything wrong I wanted to double check a few things. Can any CPA's answer the below? I've sco...
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Hi All, I'm trying to wrap my head around planning for capital gains and depreciation recapture if I start to sell some appreciated property within the next few years. I'm also trying to determine whether to take acce...
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Why do so many people find Property Managers so unappealing? Why do investors cringe at the thought of hiring a professional PM? Reputation? Bad experiences? Fees? In my experience its a combination of all 3 then addi...
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The short. Potential income stream from tenant electricity. Install solar for say .15 kwh. Sell to tenant for market. So cal edision low tier is .26kwh. .09 kwh profit. So if a rental uses 10,000 kwh. Thats a $900 inc...
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I own a successful real estate land investing business that takes a great portion of my time. I am looking to acquire three or four multifamily properties in before the end of the year to round out my tax planning st...