Keith Morrison
What type of loan, and where to find it?
My uncle is moving from his 100% owned house to assisted living. I made an offer to buy it from him for $140,000. Needs about $25,000 in rehab, and ARV is around $190-200,0000. Was planning on BRRRR. Rent in the area ...
Kaden Fascella
First Potential Rental (Listed at $1mil) at 20 years old
Hello everyone!! This is my first post on bigger pockets and I just wanted to pick everyones brain about my first potential rental property.
This property has 2 homes on it, one home has 3 residential rentals in it,...
Kaydin Vernon
HOUSE HACKING IN PORTLAND
I would really like to find a way to make house hacking work for me and my now growing family!!! I would love any and all advice on just where to even begin to be honest. Big thanks to anyone who responds!!
Maryanne Kichline
Conventional Mortgages without being owner occupied?
There are 2 small multi-family units (tri-plexes) that I would like to purchase. At least one of them....not sure I would qualify for both. But I would prefer to be able to get a conventional mortgage on them. They wi...
Richard Ellison
LEARNING TO DANCE IN THE RAIN
"Learning to dance in the rain" is a metaphor that means finding joy and happiness in the midst of difficult or challenging circumstances. It is about embracing life's storms and not just waiting for them to pass but ...
Brian Faust
Another CRM Question
I'm looking for something standalone, I've not yet done anything CRM related and I'm pretty ignorant as to the options available. I've basically relied on word of mouth from friends and past clients or from direct bu...
Peter Hendriks
Do I need the protection of the LLC
After three years of investing, I have acquired 3 units in central Florida. I live in California and have a fair amount of equity in my primary residence. I have good insurance policies on each one and an umbrella pol...
Joseph Niedermeyer
Newbie question on personal income and rental income deductions
Long time lover of real estate but relative newbie to investing. It’s tax Season and in doing our 2019 taxes I asked about strategies for reducing taxes. I made just shy of $100k last year and want to start investing ...
Jared MontBlanc
Do I need an LLC to get all the tax benefits?
I own 3 STRs in South Lake Tahoe CA. My CPA told me I don’t really need an LLC to realize all the tax benefits of owning real estate, but if I was concerned about liability, I could do it for $1000/yr (CA cost) or ju...
Mo Karim
Cost Seg Study/Accelerated Depreciation
Hi all,
I wanted get some opinion from BP nation on a property I bought in Jan this year to see if it makes sense to do a cost segregation study and accelerate depreciation on it. Here are the numbers:
315k - land v...