Hello BP!This will be my second door with none of my own money. I am now putting together a deal for two investors and I. They are splitting total cash needed ($55,500) for 20% down on a purchase price of $262,500. It...
We're eyeing a property in the Philippines (my hometown) so the actual numbers are huge (in millions) but I roughly converted the values in dollars for easier analysis. I've never purchased any property before, an...
As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
Hi all, 4 months ago my husband and I bought our first home & rental home together in Lafayette, Louisiana. The home we stumbled upon is in a great area and was a 1br/1ba at 1670 sq ft. It was built for a widowed...
Hey everyone!So my wife and I are currently under contract in a home that’s going to be our primary residence. We got preapproved to buy are new home without making it contingent upon selling our current home. We are ...
I've been looking for a larger multifamily building in my area lately. I've decided I will use a property manager, but at what point do you need an onsite manager and/or handyman? I have a 90 unit under contract rig...
My name is Rolando, I am 28 years old. I started listening to BiggerPockets podcast in October. I am planning on house hacking. I already saved enough for a down payment, and been pre approved. I am currently in the p...
Hi all!!I think I know the answer is yes, but I want to get some input.If I profit $10k (or any amount) from rentals and invest all that into the next rental purchase to add to my portfolio, do I pay taxes on that $10...
Hey all,
I am currently analyzing multifamily properties(duplexes) in potential markets that I may wish to invest in for a house hack in the future. When I complete my analysis for a house hack, assuming one unit is ...
Hello BP. Fresh out of college, I've got $10,000 to utilize. I'm currently living with my grandparents but looking to move into a place of my own.
My concern is that once I put all my money into closing costs for a h...