Scott J.
First time buyer status gone if I own an investment property?
Hello all,So I'm in a bit of a dilemma here. There's a property for sale at a good price that I think would be a good opportunity to start the REI journey with. I also want to buy a house to live in for myself and tak...
Kristopher Derentz
Financial Analysis For Buy & Hold In Boise Area
Hey guys, As a newb I am looking to buy my first property. I have spent a LOT of time reading as much as possible and found Brandon Turner's book "The Book On Rental Property Investing" to be one of the best reads so ...
Scott Cornelle
New to BiggerPockets
I just turned 21 and I am looking to start my journey in real estate investing early. I currently work as a property manager and live at home as I go through school, I have a strong income for my age ( I make about $2...
Jeff S.
Second water meter in a duplex
Old Portland duplex with single water line. Have owned many years and always wanted to add a second line but the cost.Would you EVER consider spending $17,800 to save $2493 per year in water cost? We do know that wat...
Andrew Jackson
1031 exchange into Las Vegas or wait for a dip?
I am moving from Eastern Utah to Las Vegas and have a duplex up for sale. Multiple offers have come in and like many of you I want to maximize my investment. I want to house hack into Vegas but I'm torn on 1031 exchan...
Jessica Yau
Investment Advice for Canadians Living in the U.S.
Hi everyone,My husband and I are Canadians who recently moved to California for work. Our jobs do not offer 401Ks and we were advised to sell our Canadian TFSAs (similar to U.S's Roth IRA) because the U.S. will not re...
Megan Donna Anderson
How To Get A Loan As A Contractor With Only 6 Month Income
Hello,I wanted to see if people had ideas on how to get a loan or how to work around the fact that I am a 1099 employee with only 6 months of income statements?Background- I have been an entrepreneur for the last 4 ye...
Account Closed
How many times can you use 5% down if you owner occupy?
Hey everyone! How many times can you use 5% down for a conventional loan if you owner occupy each time? For example, could I put 5% down on a 4-plex and live in one unit for a year then move out and repeat the process...
Lea Fein
Depreciation calculation for Brrrr property
I'm a newbie, in the middle of my first Brrrr deal. For depreciation calculation for tax savings on the rental income, what is the number that is used?Is it based off of the appraisal by the refinance?Or is it the mon...
Natalie Moniaga
Solar panels on rental property
Rebuilding carport on a multifamily property in Albuquerque, thinking of adding solar panels. Would then save on my electric bill and get the tax credit on the construction costs of rebuilding carport that needs total...