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I am about to put a house under contract. Its purchase price is 39k. ARV of aroudn 130K. Needs over 50k of work. This is a house that my wife and I are planning on living in eventually. We have cash reserves for the e...
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My rental house is currently in my personal name but was thinking of transferring it into an LLC for asset protection reasons. Within 10 years I will probably sell it and do a 1031 exchange into another rental propert...
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Hey BP fam,Hope y'all are staying well. I have an appraisal coming up on a SFR for a cash out refi, and my question is this: Is it reasonable to pay a house cleaning service to do a once over of the house the day befo...
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New to real estate investing!Current plan: looking to use FHA loan on a house hack for a SFH in either the Tacoma/Seattle area or Des Moines, IA (my hometown). I have three months left of grad school for physical ther...
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Hopefully someone can help me understand this, as it’s a delicate balance. I’m incentivized to deduct as many legit expenses as possible to lower my tax liability but on the other hand this may hinder how a lender vie...
Hi All,I have benefited tremendously from posts here in BiggerPockets forum, not to mention that the early podcast series gave me lots of advice and information as well. So far have been successfully owning and rentin...
I have a rental property in California that I currently manage myself. I am trying to decide if it should be placed into an LLC for increased personal asset protection, versus only having an umbrella insurance. I hav...
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Good evening fellow Biggerpocketeers. I currently have a REO property under contract (Conventional financing). The inspection report came back recommending a structuural inspection due to foundation issues. I got a...
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beginning my first rehab house (about 2000 sq ft house, 2 story on a slab)
I walked through the inspection and took tons of notes. I have my list of projects and a budget. My question is this:
The A/C...
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Ok I am new to investing and i am trying my hand in notes. I just received a list from my contact and it has address, vacancy, owner, closing date, last paymetn date, original principal balance, curent principal balan...