So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
How do you go about buying a property on contract, to where you name is at least mentioned in the deed somewhere? The reason I ask this question is because what im looking to. I may or may not be able to accomplish th...
10/23/12 UPDATE: The Influence System Has been Removed from BiggerPockets.
INFLUENCE & VOTING
We've established...
I read a lot of real estate books, I studied a lot on bigger pockets, I have family members who have done ok in real estate and its something I always knew, I wanted to get into. Before I started my real estate advent...
I've been proposed a Class B multifamily building in a desirable area with low inventory. Below are the numbers.9 Units( all one bedrooms ) ( 625sqft )2 units= $880, 2 units= $800, 2 units= $725, 1 unit= $845, 1 unit=...
Let's say you purchased a home that needed to be rehabbed. ARV 100k, Repairs needed 20k and you was able to get the option for 40k with monthly payments of $500 with 100% going towards the purchase price.
I'm just t...
Hi,
I have an agent that I use that invests personally, and she has the property under her trust, but all her rental incomes/expenses goes into her LLC, while both the LLC and the trust are wholly owned by her. My si...
I've listed for sale my current four-family property with the hopes of doing a 1031 exchange for a MUCH larger property. I would like to attain the largest size property I possibly can 50-75 units or $2-3 million...
If I rent out my apartment, how much will painting, fixing up the kitchen and bathroom, etc, raise the rent (in percentage to the money I put in)?I may be forced to rent before selling, although I'll try to avoid it, ...
Hey guys, just bought my first home in May of last year. Have got it rented out and living in it with positive cash flow. I'm looking to buy another house ASAP.
My question is how to minimize my taxable income this...