Mike M.
How do lenders view rental income from tax returns?
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...
Jay Ji
looking for Real Estate Attorney recommendation for NEPA
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...
Ben Coppola
LLC in California when managing property yourself
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...
Benjamin K.
Lender Required Repairs
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...
Joel Phillips
To upgrade A/C unit and furnace or not?
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...
Samuel Hoston
Need advide about list
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...
Bimal Doshi
How does appreciation of rental property help
Generally an offer to purchase a rental property is based on the cap rate
= Annual net/ amount invested.
In a situation where property value goes up, how will the end buyer benefit.
Bed.
Hop...
Dane Fenner
How to Create a Lease Agreement
Hello BP Community,
I am in the process of renting out my co-op located in Queens NY. This Co-op was purchased as a primary residence but due to financial issues I am temporarily renting it to a very close fr...
Les Mills
How to structure LLC with different types of properties
Hi All,
Just discovered this wonderful forum and am doing loads of research based on the questions and replies. Currently, my sister and I are members (foreigners and non Americans) of an LLC which hold land ...
Lisa Green
Looking to grow in Middle Tennessee
Hello everyone! I have been lurking on this awesome site for a while and finally decided to take a moment to sign up.
My name is Lisa Green. My husband and I have been buy-and-hold investors for about 10 year...