Oliver De Ausen
Quit Claim Deed with or without a Lawyer?
Curious as I want to deed my property to my LLC, can I do this myself? Deeds.com has a checklist for each state -> county -> city. It seems straightforward. I am aware of the due on sale clause also the recent ...
Brandon Rush
Vermont Multi Family Rental Markets
Hello Everyone,I have been traveling up to Vermont for a few years now and thinking of investing in a cash flowing multi family town. Does anyone have suggestions? Visited Burlington a few weeks back and loved it. Loo...
Colby Wartman
USDA Mortgage Question
Hello, I will try to keep this as short as possible but provide all the details needed. Wife and I own 2 properties, we are mid 20's—one investment property STR in the Black Hills. Our second is an owner-occupied home...
Jeff Mitchell
Deprecation never taken and can't claim rental losses
Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
Account Closed
Continue investing when people is leaving?
I'm already investing successfully with positive cash flow in Real Estate with no vacancy rate in all my properties, but I have a concern, people are leaving this island (Puerto Rico, the Detroit of the Caribbean) ...
Ivan Jouikov
Wholesaling LLCs instead of properties?
I read an article talking about selling LLCs that own the properties (so you have 123th st MyBigLLC), instead of selling the actual property.
This was in the context of going around "no assignment" clause on REOs....
George Wollner
Lack of IRR in Rental Property Calculator
I find that most investors want to see a property's projected IRR (internal rate of return) over the anticipated life of the deal. The biggerpockets rental property calculator does not provide IRR calculations. Migh...
Paul Lee
Calculating DTI for owner-occupied multi-family properties?
Hey guys,
I currently owner occupy a 4-unit multi-family and I'm looking to purchase and occupy another 4-unit multi-family. I'm using Fannie Mae selling guidelines to calculate my DTI, but I'm still not sure if I am...
Oleg Malkin
Interest Tracing and 1031
Cashed out on a primary to buy an investment when the rates were good. If I sell the investment and 1031 into something else, I can just continue expensing that mortgage interest on the next investment? Are there any...
Mariel Painter-Chapman
Small Multifamily- Occupancy Permit Problems
Hi all,Reaching out to see if anyone had any insight or experience with anything similar. Haven't had much luck or direction yet, and I'm sorry the post is so long! Wondering if this certificate of occupancy thing is ...