Hey Bigger Pockets,I’ve been flipping for about 2 years and have been doing some retail real estate sales as an an agent part time to pay the bills. February last year I bought my first home as a flip and have since f...
Hi BP, I've been learning more and more and I feel like I'm ready to take on my first house hack of a 4 plex.I've done some napkin math and can't really see how I'd go wrong, even with an economic crash and having a...
I'd like feedback on a BRRRR scenario from folks who are in the know about taxes related to capital gains. Let's say you buy a property for cash in an LLC, taxed as a partnership (you have a 50/50 partner). It is bo...
My property is a fully furnished house; I do short term rentals only in NYS.
I had 3 guys in there for a 2 month lease in late October (company paid for). 18 days into their lease I discovered pot and smoking goin...
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
Hello BP, I am getting ever closer to house hacking my first small multi on an FHA loan and have a quick question - We plan on buying with an FHA 3.5% loan, 30 year. I know this comes with two mortgage insurance premi...
Hey BP! My wife and I purchased a duplex a few months ago and are in the process of learning to be Landlords! Are duplex is located in Idaho falls but we do summer sells so we will be gone from April-September. What I...
I'm a new agent with about two months of experience. I've actually been doing well with getting leads, but don't feel as though I'm getting the support and training I need to be more than an average agent. Granted, I ...
I've identified a few houses to bid on during an upcoming auction, however, I wanted to hear some tips on how to inspect the house before the auction. Obviously you shouldn't break into the house and even stepping on ...
This is the breakdown of the deal:1. I own a 4-plex (2-1 story duplexes side by side) with a-lot of equity.2. Get a Heloc on my property for a deposit to get construction financing3. Apply for a construction loan to b...