Travis Kemper
Current owner unwilling to provide P&L or pics of inside/ allow
Hey all,I'm looking to buy my first multifamily property and I came across a deal that I love the location of, rents are way under market, and I can afford. Here's the question: current owner is unwilling to allow l...
Cheryl J McGrath
Newbie to Real Estate investing
Hello all you lovely people. Newbie Cheryl here again with a question.
Can someone tell me, I've been dealing with private investors with personal cash to invest. What's their procedure on a normal basis? I do my...
Dominic Wentz
Assuming a loan
My question is how to step by step assume a loan. Example my mother wants to move but has not been able to sell her house and has offered me the house. my credit is poor. I can rent the house out for more than her cur...
Yavor Tomov
Houston / Harris County Property Tax
Hi All,I just got my 2015 tax appraisal value and can say that Harris county appraisers are going crazy !!! Compared to last year I'm having 120% increase in taxes. I'm planning to protest but not sure if I should do ...
Alphonso Clark
What do I need to know before buying a property at a tax auction?
I'm going to my first tax auction in Virginia in about 3 weeks and know nothing about tax sales. What due diligence should I do before I go? If I buy a property what should I expect afterwards? Any information would b...
Aaron Burns
Ihan Omar's free rent bill
From what I've seen on youtube, the bill contains the following:1- Free rent for all tenants across the US regardless of income for a year2- Landlords can file for Government assistance which comes with the following ...
Paul Cijunelis
S-corp vs LLC in Illinois
From a tax perspective, after consulting a CPA friend, these are pretty much the same. At this point I want to start up and incorporate but am unsure the legal differences.
I am forming a partnership (two people me a...
Erik D.
Failed pre-screening, do I notify of rejection?
When I advertise a unit for rent, I'll get an e-mail response, and send out a 10 question pre-qualifying e-mail.
I have a potential tenant that listed their income as "1250 not including tips". The rent is 79...
Bao Nguyen
submit offer before due diligence?
hello everyone.I am about to make an offer on a duplex, and I asked the realtor for the rent roll, the credit and background checks on the current tenants, and list of expenses. I was on the phone asking A LOT of que...
LaTara G.
Which comes first buying the land or making the proforma ?
Hi Bigger Pockets Members,I have read a few posts, threads, etc. I am trying to get an understanding of the development process for building a duplex, quad etc. I am not sure if I need to concentrate on getting lot/ l...