Hi All,I bought a second home and looking to convert the current home into a rental property. My current home is on 15 years mortgage and I was thinking if it would be wise to refinance it to 30 years and get mortgage...
How do you figure out how much money you’ll save on your taxes by purchasing an investment property? Or how do you calculate tax advantage?
Say (very hypothetically😂) I had an income of 400,000 and I bought a $100,...
I'm looking at buying a single condo, not the building. The numbers all run great with a CoC ROI of 14%. I'm a first timer and don't know if there's any risk in having to pay a $200 HOA--that includes lawn and snow re...
Hey BiggerPockets!My personal goal for the next month is to analyze 100 deals, using the BiggerPockets rental calculator. I may not be great at it at first, but as the month goes on I should get a lot better. If any o...
Hello all, I'm a newbie in the Houston, TX area looking to practice deal analysis so I can be a service not only to myself when I start investing but to someone else that's willing to teach in exchange. I don't even ...
Hey all,Long post. Questions at the bottom. Thanks in advance.I'm still new to investing, as I only have 1 SFH so far. I was brought a pre-market deal of an 8 unit property (two 4 unit buildings) with the plan of addi...
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This may be a strange question, but what's an easy way to estimate a good rent based on a simple mortgage amount? Is there an easy, "do in your head" way to estimate w/o pulling out a calculator? I found a property ...
I'm looking into purchasing my first rental property from an inheritance left by my father (I feel like he would be cheering me on right now!). I have several questions about the deal and just as important, how I shou...
Hello BP Community, I hope everyone is doing well and staying safe! I wanted to get some of your feedback/suggestions on my struggles when analyzing deals in my area. I became a PRO Member this morning and have analyz...