Hi All,So below is my five year plan to reach a state of financial independence, where all my bills can be paid with (semi) passive rental income. Would love to get your opinions on how doable you think it is, or if y...
For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
Hello, David Noble here. I live in Lexington Ky. My day job is residential renovations. I’ve been doing high end kitchens and baths for the last twelve years. I “house hacked” my previous home which had an apartment o...
I'm just starting out. So far one of my goals (as listed in my profile) is to find an investor and partner up . Get a foreclosure in need of some basic repairs and do the repairs with my uncle who is a handyman, in a ...
Hey All!
I tried search the discussions for an answer but I couldn't quite get what I was looking for.
I understand when using a VA loan you have to live in the home for a year. Does this mean you can rent it out a...
Hello who ever reads this!I have been listening to Bigger Pockets for a few months now, getting ready for my first investment opportunity on Vancouver Island (west coast Canada). I just graduated university and am loo...
I have a 40 foot cottonwood on my lot, but very close to the property line.
It's been dead for a couple years, and is starting to lean a bit toward the neighbor's yard.
The Arborist says he needs a crane to remove it...
BP - Hope 2017 is going well for you. I wanted to sit down, and type this out to share with the community, and give some insight to my own, very recent journey with what a lot of people call credit repair, but I'm go...
I recently bought and moved into a foreclosed home to renovate and flip. We are 90% finished and will be listing the property for sale this fall. Was a challenge to live through this procedure with a 3 year old and ...
So I know of the various avenues to source a foreclosure and pre-foreclosure list, but I wanted to dig a bit further and see if it's possible to locate loans in imminent default- that is a loan that has defaulted less...