Jamin Eastman
New member in Naples, Florida
Hello BiggerPockets community. My name is Jamin and I've decided to take some concrete steps towards purchasing my first rental property. I'm eating up the podcasts and slowly building my library at home to ensure I'm...
Ryan Truong
What to do with this check!?! Tax help please!
So me and a business partner bought a house for $70k outright. ARV house is worth $130k. I put in the $70k up front in hopes of that he was going to pay his half but over time I saw that wasn't going to happen so I to...
Grant Waugh
Advice on First Deal - Duplex
Hello everyone. I'm Grant from the ATL area and i have been wanting to get into REI for a few years but just got serious within the past month or two. I am at the point where I am ready to dive in. I had lunch with a ...
Evelyn Castillo
FHA Obstacles; your thoughts/experience
Hi BP! I recently landed a full-time job (my first REAL job). I know that I want to use it to fund investment properties in the future and I know that I want to use the FHA option because it’s quicker.
I have never ...
Mike Finn
Tax implications of selling a rental property
Hey everyone, new to BP and have lots of questions. Sorry if this question is too broad or basic.I am trying to understand a basic tax scenario. Let’s say you sell a rental property for a 100k profit (just to make it ...
Soraya Kashani
Quit Claim 1031 Exchange
My husband & I have several properties we purchased with 1031 exchange monies. We have recently started an LLC and would like to quitclaim those properties to the LLC. Is this allowed or would it throw up a red fl...
Ben Scott
Short Term Rental in OKC's northeast side
Investment Info:
Single-family residence buy & hold investment in Oklahoma City.
Purchase price: $98,000
Cash invested: $36,000
Short term rental in northeast OKC near OU Medical Center
...
John Barton
Using Future Rental Income to Qualify
Can you use future rental income to qualify for House Hacking?I have talked to a few lenders who say that I cannot count future rental income and it is making it difficult to qualify for a loan based on my income alon...
Logan F Blackmon
1st Post, Received off Market Deal
Hi. 1st post here. I've been lurking since October 21'. Currently an OOS investor living in beautiful SoCal. Investing down south. Wish I would have found this forum earlier to save me from a lot of trial and error. I...
Teresa Villaruz
How much do you typically raise your rent per year?
Hi there,I just started my real estate rental journey early this year with a condo being rented out to a couple. We're almost at the end of the lease and after that, they'll be going month-to-month (as per the 1 year ...