Gamal R.
No one else to ask about this thought.
Hello everyone.
I was just thinking would you ever consider renting the house you live in while owning investment properties. In other words I am considering living in a prestigious area I cant afford to buy but coul...
Melanie Wilmesher
Seeking advice on building a seller financed deal
TLDR: I found a seller who is open to a financing an off-market 5 unit multi family home near a major hospital in Denver. I am seeking advice on making my offer compelling but also making sure I'm not missing anything...
Sunny Karen
Slow scaling with cash or faster scaling with mortgages?
Hello BiggerPockets community,I am a new Real Estate Investor and would love to get some feedback on our strategy.Goal: Achieve sustainable income of net $10K/month, while the properties appreciate long term. I am a b...
Lisa Martin
Accessory unit rent not counted as income. What? What? What?
We have been careful to document and report all rental income to the IRS from our accessory unit attached to personal residence for the past 4 years.In our current application for investment loans our lender is tellin...
Brandon Turner
preferance on closing costs
When you are in a situation where you have to pay closing costs. Do you prefer to A. prefer to pay themB. roll them into loan (if that is available commercial loan example)
Dyami Pike
Taxes on rental income
I'm looking at renting out my primary residence as I move and get a new primary residence and for easy numbers I'll change them a little bit. If I rent my property out for $1500 and my costs on it are $1200 and I payi...
Austin Kuhnle
Seller Finance question regarding closing costs?
The seller had also brought up a question, I think I could answer but wanted to double confirm. Her question was Concerning closing costs with a contract, who pays Recording Fee, Escrow Fee, Transfer Tax Fee, possible...
Phil T.
Should I use HELOC for repairs or pay cash?
Looking for some advice on how best to use my cash. I'm a new investor, but I own two duplexes in Indianapolis (my first two properties). When I purchased them, both sides were occupied. At the turn, all of the uni...
Clint Pearcy
How to pay more in income tax
I had lunch with a customer yesterday, who, with no prompt from myself, began telling me about all of the homes he had owned. The last one, he put up for rent the last year they owned it. His comment was "they really ...
Chintaka R.
Charging utilities on a new lease.
Hello, I own a duplex in Saint Paul. Does anyone know if there is a restriction for charging utilities on a new lease? I am planning to start charging a future tenant for trash. There is a section in new control rule...