Elizabeth Woolf
Depreciation and 1031
Someone gave me some advice that sounded too good to be true so I want to verify. If I own a home for 27.5 years and have taken the depreciation expense every year, then I sell the house (for easy numbers let's just s...
Joseph M.
Can you help me evaluate this 3 family deal?
I am having a little trouble with calculating the maintenance/capex expenses. It is also hard to find comps for this type of property in this area. I would be putting 20% down with a 3 year ARM amortized over 20 years...
Kristen Martin
Are pools a nightmare for rental property?
The area that I live in gets quite hot in the summer...we're talking over 105 for several weeks. Part of our investment plan includes us buying a SFR, that we will live in for 2-3 years, and either rent out or sell at...
Eric Quintanilla
Is there a such thing as too early or too late to Get an LLC?
Purchased multi family in December of 2018 been renovating and close to getting tenant in soon... when should I go about getting a LLC should I have gotten it earlier?
Wayne Stevens
Got my pre-approval for house hack and now lost job
So I finally got my courage up to jump into real estate, got my pre-approval done. Found a nice house that I was about to make an offer on to start house hacking, and then life came around and gave me a sucker punch t...
Jarreau Jackson
[Calc Review] Help me analyze this deal
View reportHello BP Fam! -- How often are sellers entertaining owner-financed deals in your market?I'm looking to place my first owner-financed deal/offer and was looking for some input/feedback (I have not yet contac...
Account Closed
What are my options for being 16 years old and involved in RE?
Hi! My name is Blake, I'm new here to the BiggerPockets community. I am 16 years old and currently in the process of building as much knowledge and skills necessary to succeed in the real estate market for when I turn...
Jessica B.
Should I sell or keep this duplex?
Here's the situation. I've inherited a group of rentals in Ohio. My goal is to take this group of rentals and make them profitable. Currently, they are just breaking even on a good day because I have also inherited 2 ...
Ian Dale Ibrado
Using Heloc to buy larger multifamily
Will be purchasing a 4plex next year which needs roughly 80 to 100k down payment. Im thinking, instead of a 4plex at 100k downpayment, Ill use 50k of Heloc to add to my 100k for a total of $150k to purchase a 6plex a...
Austin Bull
Gaps in employment: Securing Loan
I'm looking to make my first property purchase. I've been reading that most mortgage lenders require a 2-year history of employment. Does that mean in the last 24 months from now? Or the last two complete W-2 years? I...