Hello everyone! My name is Rafael Laureano and I live in Dallas, Texas. I decided to take a plunge and purchase my first income producing property after being a long time renter. My first purchase was a 100 year old d...
Hi BP - My primary residence is currently on year 3 of a 15yr mortgage at 3.125%. I'm looking to buy my next home which will be a non home sale contingent purchase. My question is whether it makes sense to refinance m...
Hi BP,To make a very long story short… I have the opportunity to take ownership of my mother's house and have the house free and clear; it's completely paid off. It is a single story ranch, 3 bedroom with full baseme...
Hello,1. If I do a 1031 exchange on the rental property I buy will I be able depreciate for another 27.9 years?2. If I sell my property and I dis 1031 exchange properties before will I have to pay depreciation on all ...
I’m interested to hear how those of you that are or have been learning about 1031 Exchange for multifamily apartments have gone about your education. I’m finding it somewhat hard to find solid and straightforward info...
My father left my two sisters and me a house. We've been renting it out, splitting the disbursements three ways for a year. One sister wants us to buy her out of the house. Is there a way to take out a loan to pay her...
Hey BP family, I'm finally to the point of purchasing my second property (first rental property) and I've basically been following the steps as outlined: 1- get financed 2- find good deal 3- due diligence 4- make purc...
Hi Bigger Pockets Community,Sometime in the next year I would like to buy my first investment property. I am looking to obtain a multi-family home, preferably 4 units. Before I do so, I realize I need to expand my edu...
My dad bought the house for a dollar and I was planning on buying it from him for a dollar as it is a vacant property that needs over 70k worth of renovations to make it livable. He does not have the desire to get a ...
On several other re forums this has been a topic of great debate. There's several "gurus" who claim investing in rentals in dumb. Feedback on this please. Why or why not invest in rentals. Aren't they a great replacem...