So I have seen a few posts recently with people saying it is not a good idea to work to pay off your loans quicker. The argument is that you will lose the interest deduction therefor will need to pay additional ta...
Hello everyone,
I have heard varying opinions from many friends about asset protection as related to real estate. To get an LLC or "no" LLC is the most common thread of discussion. I thought - why not ask the questi...
REI newbie here.What are your thoughts on FHA Loan — 3.5% down payment on a triplex or a four unit property in the DMV area?The properties that I’ve found are really high in this area.
Hello all,
I am purchasing a multifamily property in Providence, RI. I have reached out to an insurance broker as well as gathering a few quotes from big name insurance companies. Would anyone have advice as to what ...
I have always offered 4% agent commission on the sales of my flips and personal residences (7 deals and counting) and have been able to get over asking price on 5 out of the 7. I have been told by a few real estate ag...
Hi Bigger Pockets! Hopefully a quick and easy question; Are commercial tenants responsible for fixing bad ballasts in the florescent light fixtures in their suites, or is that the job of the landlord? The only lines...
Are you using low barrier screening criteria some recommend? Self managers and property managers? Attorney's suggest safest as far as lawsuit goes but can end up with some sketchy people IMO. Having trouble trading ou...
Hi BP Community – So I have been contemplating on ways to save money while also expanding our rental portfolio in Salt Lake City, UT and would love to hear your inputs or suggestions on some ideas we’ve had. We have o...
What should I do? Tenants said they had one 20lb dog which did meet our explicit breed restrictions. Just received a letter from neighbor complaining about their dogs - one of which is a doberman pincher which is no...
Hi all, Long time lurker and first time poster. If this isn't the right place, feel free to move it.I purchased a rental property many years ago and have been filing taxes under my personal income since I never put it...