Hi there, I am beginning to analyze deals in my area (Austin, TX) using the Biggerpockets rental calculator. After going through a couple analysis practice reports, I keep finding myself in the red (between $300-$600 ...
Hi there! We have been listening to Brandon’s webinars and accepted his 90 day challenge; we closed on our first rental property yesterday! It is a Duplex and the property already has tenants. They are on a month to m...
I initially hired this contractor ~4 months ago. He has been doing great work, and we are close to the end (last 10% probably). I have only paid him ~35%, as we had an agreement due to tight budgets, and he would be r...
Hi BP Lehigh Valley,I'm working on a sale of a commercial property in Allentown, the buyer is paying all cash. I am running into conflicting information about the need for a CO to be pulled before the sale. For reside...
So I am about to start renting out part of my home. Is there a way that I can avoid paying taxes on the rental income? Could I have my renters pay my mortgage rather than pay me? Like have them give me a money order t...
I have been keeping up with all my rentals with spreadsheets and I am starting to outgrow it. I have set up quickbooks to run my flipping business. But it doesn't look like quickbooks can give me everything I want as ...
I live in a very expensive area "I rent" where tear downs go for a million dollars. I made a deposit for a place and then, 2-3 days later backed out on the 10th of the month. I backed out of the rental agreement and t...
Hi All--I currently have one six plex and it took all of our cash to purchase it. We now have a nice little emergency fund for the property and want to start investing the additional money so it can get some returns. ...
I have a property that was rented to a couple with a co-signor. The couple left but their daughther and son-in-law stayed back and are not paying rent now. If we file eviction the case would only include the daughter ...
I've learned recently about longer term Interest Only loans, and ones that convert later to P&I payments, and may have an idea how to use them - I know, balloon payment bad, fixed rate good, but beyond that knee j...