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Second home use and part AirBNB when not in use. Can someone break down the way this could work. The Pros and Cons or even benefits to doing something like this within the legal guidelines. Thanks for you insight.
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I am looking at a foreclosure with a 1st lien foreclosing and the property has a second loan with an IRS lien after the 2nd. After foreclosure by the 1st lien whereby the second gets zero, does the IRS need to pay s...
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I might have an opportunity to take on a subject to loan. Is this a good idea?Im taking on a loan amount of $144,236. 28 years left on mortgage, 2.875% interest on the note ($956 payment). I can get 1200 maybe more a...
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As a real estate developer or general contractor/builder who has one or many projects going on; which data you like to view or monitor on regular basis such that it helps you get overall summary of business like Pro...
I want to buy a rental property in Manhattan, KS which will be primary home for few years. I was looking around Nortfield area in Fort Riley county.Is it good area for investment as a rental property for future?
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Good Morning BP community, Question- has anyone rented out their detached garage as storage? I know there are some apps that allow you to do this. For some context- I have a SFR that i've had rented out for almost ...
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Hello all still in learning stage getting close to my first deal on a buy/reno/sell
I am doing a "mock" write up of a real property in my area, central VA. I am determining the amount of up-front cash I will need on...
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I am just wondering if the 50% rule actually works? If I factor in actual expenses and use 10% each for repairs/maintenance, management, vacancy and Cap Ex that gives me 40% of rents right there. No way I can pay ta...
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HI Everyone,
My name is Phil and I am new to BiggerPockets. I have invested in two properties so far on my own. Both were 2 and 2, 1010sqft. Condo's. The first I purchased for 75K then appraised at 8...
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1. The overall returns on your real estate investments will be higher. On a single family home - If you choose to seller finance it, as opposed to simply renting it out - you’ll likely get a sizable down payment and...