Account Closed
Multi-Family Deal
Disclaimer: I have want to start investing and have listened to many podcasts. I have not actually invested yet but want to start. I am a REA and have access to our MLS. I have heard of the 2% rule and think I underst...
Faysal Alam
How can I make this happen ?
Hey guys ! I'm 23 years old , I have a w2 job making only 200/week with another 200 in tips , along with that , I work for rideshare companies making around 400-600 a week , so in total making around 800/week minimum ...
Kumail Zar
Analyzing Property Purchase
Currently looking at a multifamily property.Purchase Price- $371,000Rental Income- $310025% down with taxes/ insurance makes mortgage -$2,040The property is turn key and has been fully redone over the past two years....
Robert Gailie
Possible first deal
Hello all I found a property I am looking into. I looked at it and it's very nice everything is recently updated. It is a 3 family and according to the realtors information it is a 2 2 bedrooms and 1 1bedroom. The fir...
Tommy Loretz
Property Management Fee - % of Net Income
Hello - Wondering if any investors have experience working with a property management company that charges their fee based on a percentage of net income (after operating expenses) instead of a percentage of gross rent...
Tatiana C.
Best use of savings
Hello, after learning valuable lessons here in BiggerPockets, reading books and listening to podcasts, I'm feeling ready to start investing in real state. I'm overwhelmed with the many options to start so I'm searchin...
Steven Gore
New Investor Looking For Advice
Hello all. I just became a Pro Member and I have officially started my journey as a real estate investor. I have been approved for a HELOC for 178K. I have also been pre approved for a mortgage for up to 580K. I am no...
Nick Thomas
To buy or not to buy?
I've been speaking to quite a few great minds here on BP about my predicament. I'm moving to Woodbridge, VA June 13th which is in the expensive NOVA market. I have a place to stay till September 15th. Afterwards I h...
Account Closed
Things to ask Seller of multifamily
Hello All, I am trying to purchase a 5 unit in PA. I had requested the following information from the seller.1) Annual property operating data for the last 12 months.2) Current rent roll3) Past rent roll for 12 months...
Account Closed
Legalities of renting to self / Rent expense definition
So I recently heard an attorney go at it with a tax liability guru on this an figured I get some additional insights from some 'experts' on here. Here is the gist of the issue....An investor decides to 'rent' a proper...