Hi there,
I was recently looking at an FHA owner occupied mortgage for 1-4 units. My lender said that we could count 75% of the rental income towards income towards my debt to income ratio.
However, I recently cam...
Seriously, I can't find where to register for BiggerPockets Summit 2013. Better get on it Josh!
Oh, and thanks again for an outstanding 3 days! And it's still going at 10 pm Sat night!
Hey BP friends,I recently found myself in Puerto Rico. I kind of moved there by accident actually. But hey, now it’s home. Anyone else live or invest in the area?Would love to connect. Cheers,André
The long and short of it is we are looking to buy a better house to live in and rent out our current house. Our garage is already in need of drywall and new electrical. My thought is to go ahead and finish it out th...
I am just getting started managing 7 units. What sites/software does anyone recomentd to collect rent, anyone have like a template of an excell sheet I can use to get organized? I feel like I'm kinda chasing my tail h...
Quick question to the Tax pros out there. I am considering resurficing my rental garage floor with Plyurea and was wondering if this can be expensed or is this an improvement that needs to be depreciated? I suspect ...
Hi BP, I am preparing to ask a relative to sell me his small multifamily residential property in the city of Houston. He's getting ready to retire and move out of the city. I'm going to ask him to sell his propert...
Hello all,I have a zoning question here. My property is in Los Felix (zip 90027) and is currently zoned as a R2-1XL. Its a duplex as it stands now with a garage in the back. I would like to split the downstairs unit, ...
Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...
In 2023 my five properties across two single-member LLC's had 7 tenants just decide not to pay rent, and 3 roofs had to be replaced. Thank goodness for tax deductions, right? Before I was in real estate my business ...