Hello everyone. I am new to the forum, and to real estate investing. I hope to learn enough to someday to be able to pay it forward.I am planning to purchase my first house in the next six months, somewhere close to M...
Good day Bigger Pockets family,Question for my seasoned investors. I left Corp America 2.5 years ago. I now have a portfolio of 11 condo's in Southeast Washington DC, and 2 tenant occupied SFH's in Charlotte. I have a...
Hello all,I hope you are doing well and you are having a good weekend!I met a few friends at a Real Estate event and we have been talking about the process of getting a deal in a join venture, but we are confused on h...
Hi fellow members,I closed on a 4-plex six months ago, with three units occupied and one unit vacant. Rented out the vacant unit at market price ($2700) on the weekend after closing. I also submitted application for...
We lived in our primary home for 3 of the last 5 years. We rented it out for a year and then sold it. Do we owe capitals gains on it?Our CPA says that as soon as we rented it out it became a business and we have to pa...
Hello all,Looking for a creative way to finance a new construction of a primary residence. We plan on living in the home but also building an attached mother in law suite and a detached garage both of which we would r...
Can You Deduct Payments Paid on a Principal Only Note?
Situation; Elderly Seller bought their Triplex home for
around $350K Many Many Years ago. She lives in One unit and rents out
the other two Un...
I recently applied for conventional financing to secure a property (VA). Unfortunately I am having some DTI issues and I work 1099, so I am cash heavy but no one wants to lend because I have less than 2 years of 1099 ...
Hey everyone! I'm wondering if there are many people out there who do airbnb arbitrage in the mountains and at ski resorts? The inventory for rentals up there seem to be low but the nightly rates look awesome and I be...
Hello Everyone
I would like your opinion on a fourplex apartments I would like to purchase. Here is some information: Asking 120K producing 2000.00 a month(500.00 per plex). They pay everything except Water. Flat ro...