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Hi all! Newbie here….Wondering about the pros/cons for cost segregation. Purchasing our first STR, a 2/2 ski condo for over 400k. We got hammered in taxes last year due to our W2 income, so looking for ways to offs...
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Hello, I’m looking to get started in real estate investing. I currently own a property that is valued at 850K and my current loan on my mortgage is 272k. I’m considering getting a home equity line of credit (HELOC) of...
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Evening BiggerPockets community,
I have been sitting on a preapproval letter for a couple months, analyzing deals daily, waiting for the right deal. I finally found it yesterday. A bank owned 3/2 foreclosure in my ne...
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Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
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Will getting too many pre-approal or pre-qualification affect my credit?
I ask because they usually expire in 90 days and will need a new one after that.
Also, this property which is a short sale is requiring pre-appr...
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Hello BP, I guess this would be the proper place to post this. I was hoping maybe there would be a more specific spot we could put only Bills/Laws etc...that would be effecting our states. I received the following:...
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Hello! I have a few fairly solid applicants for one of my units, but one I'm slightly leaning towards. However, she said she's going through a divorce (it would just be her renting) and I started to wonder if that cou...
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If you own a vacation rental in the Smokies, it might feel like demand is soft. And it is soft. But compared to what?
As I look at my company's pace report, most properties are merely reverting back to 2019-esque num...
I’m a newbie, studying about NNN leases and hoping to make a deal next week on one, so I want to be prepared.
In a typical lease agreement, how are rentbincreases determined?
How is initial NNN $sq/ft usually deter...
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The Waterloo region Kitchener and Cambridge more specifically were recently ranked as one of the #1 places to invest in Ontario by the Real Estate Investment Network tied for first with Hamilton! This is due to the co...