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Hello everyone !I heard that we can/should claim depreciation (if available) on the rental/business properties every year. Obviously, this will help paying less or no taxes at that time.However, when you sell the hous...
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Hello. I'm opening a few personal lines of credit to do short term BRRRRs. The problem is that now that I have the LOCs open and am borrowing from them, it looks like my credit score is taking a big hit. This may impa...
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How can you make the most out of your living space?With mobility on the rise and affordability getting worse, renters and homebuyers are frequently finding themselves living in tighter quarters than they’d like. Whe...
Hello Bigger Pockets Community,I am writing this today with hopes of getting advise and feedback from people who are in the real estate investing and development industry. I am 24 years old living in Northern Californ...
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Home owner, who is represented by an attorney, has filed for foreclosure 9/20. Paid 155k back in 2006 for the property. Actual value now 190-210k. I contacted the attorney and left a voicemail with his assistant, but ...
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Hey everyone, just a quick question. I'm a residential RE agent in my market and I'm wondering if you've found any ways to be creative with your commission? For me to find some of the better deals I know I need to con...
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I have a tenant in and out jail/rehab.. 4 months behind rent, now want to apply for section 8, the problem is the house is not quailifed for assistance .. The property is in Claymont, DE
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Hi, I am confused and need some advice. I started an application to get a home equity line of credit to consolidate debt. This will help a lot because I have a huge amount of debt and all the individual monthly paymen...
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At what point should you shop around for loans? When you are getting pre-approved, or later when you are ready to put in an offer? I just spoke with one lender and might have them run my credit to get pre-approved. Is...
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We are getting close to listing our first rental and I wanted to get some feedback on the process steps below. Please let me know if I have anything out of order, or something totally missing. Thanks!1. We will be pos...