I've put together this excel document after reading Brandon Turners "The Book on Rental Property Investing". I'm not sure if I'm budgeting too much for expenses or if that's just how the market is in my area because i...
Hey BP community,I am an investor with two single family properties in Northwest Arkansas. I currently have these homes in my personal name, but have been debating whether or not to create an LLC for these rentals.I a...
Hello everyone!I recently purchased a duplex and am wondering what I am able to write-off or show as a loss for the renovations and repairs that I have put into the property. I've put a couple thousand into the unit t...
Hey everyone! I'm curious to hear from those who have a small real estate portfolio with someone you're not related to? (i.e not a husband/wife team). Wondering how you structured it, and if you have any advice for my...
I'm starting a rehab project. I was wondering what you guys use to keep track and mand cost of equipment, materials and labor.
I'm debating whether I should use a good old-fashioned excel spreadsheet or if there's an...
Hello all, first time posting here. We have a rental in Washington state. It is almost paid off. We would like to take out 90k of equity and the property if worth about 250k. What’s the best route to access the equity...
Dear bigger pockets, My wife and I are both new to multi family investing and I posted two months ago about a "failure to obtain permits for a duplex" citation for a new multi-family property we just acquired. You can...
So basically what I am asking, do I need to do a purchase contract with the seller, and a purchase contract as well to the investor/buyer (with my new price)? and than soon after have him sign the assignment contract?...
Hello I am looking to purchase my first rental property. I want to make sure I have all my i's dotted and my t's crossed and one of the issues that I'm coming across is that I am not 100% sure on how to ensure the tit...
I already own multiple rental properties, 2 as of right now and going on my third, and I was wondering can I qualify for an FHA 3.5% down house hacking loan for a duplex or triplex still? Property 1 was purchased as a...