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Hey All- I own a small apartment complex in a two entity LLC and am wondering what the tax implications are for a cash out refinance. I have done a lot of these for my own portfolio, but am wondering if the tax impl...
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Does anyone else here have issues with their personality type holding them back from being a successful RE investor? I am really struggling here and would appreciate any insight.
According to Myers-Briggs, I am an IN...
Good morning fellow BP members, I will be meeting with an investor friendly RE agent on Thursday morning and I would like to have some questions ready to go to maximize my time with the agent. I have a general idea wh...
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I feel like I have come to a place in my real estate education, where I have hit a wall. Scattering about Bigger Pockets and other publications out there trying to get as much information as I can. At first, all infor...
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We have a 3 unit under contract in the Cleveland Ohio area and found mold in the basement (unoccupied common space) and the 3rd floor (occupied space). We brought in our mold remediation contractor and had an assessm...
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I have been told that laminate flooring is the way to go when it comes to flooring a rental because it is long lasting and durable. Is there anyone with experience that can verify this?
If this is true, is there a p...
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With everyone and their mother buying up STRs, what is the proper way to assess the asset without overpaying for it. Numbers from 2021 and 2022 net income will be more difficult to get going forward with increased su...
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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
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Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
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I own properties in the west Houston areas of Katy and Cypress. I've already been notified by one tenant that they may have trouble making the September rent payment due to not working this week at all. None of my pro...