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Hi -- we have a four-level 120 unit condo complex in L.A. California. We have a proposal on the ballot to limit leasing to 25% of the building (but with a hardship exemption), with the expressed purpose of preventing...
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Hi,Hoping to solidify this deal:Overall:Duplex2000 sq ft total3 bed / 1 bath eachContract Price: $110,000Monthly Costs:Mortgage Type: FHAPITI: $810 (4.25%)Repairs: 0.15*$1350 = $202.50Trash / Water: $155Income:Rent: ...
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Hi everyone,
i am looking to get into the STR market by purchasing my first property in Virginia this winter.
On the finance side, I assume I will need to start an LLC. How will that effect the purchasing process? ...
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I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...
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I am new to real estate investing and would like to buy and hold rentals. I am wondering if it is best to set up and LLC, get a business accounts and business credit cards before actually buying a property? I want to ...
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Hi everybody
I was wondering if anybody has any out of the box ideas for creating a little extra cash flow out of your rentals. For example, the apartment i just leased was a one year deal (only did it because I don...
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Hi everyone,My mother passed away last May and since then I have been living in the home. I am paying her mortgage and am going through the Probate process right now. The house will be transferred to my name. I have q...
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Hey bigger pockets nation,
My name is Erick Castelin and I am a brand new investor (also new to Bigger pockets) i'm located in Clermont, Florida... it's on the outskirts of Orlando, Florida. I'm looking to ...
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Please help this newbie out! Im looking to build an ADU and JADU on our property in Northern CA. I'm trying to figure out if it is worth it or if I should start investing in another state. The cost to build both (ne...
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Hi guys,I have about $100k saved up with the sole purpose of investing. My goal right now is to get to $5k in monthly cashflow as soon as I can, to accomplish this as soon as possible I get the feeling investing out o...