Hello BP,I'm wondering if there are any guidelines to go by when choosing the lender? Are there certain questions I should be asking? Obvious red flags? What am I looking for?I've been looking into FHA loans since ...
Hey BP community,I've had 2 tenants living in a 3 bedroom apartment for a few months now (a third recently moved out, another is about to move in). I found out today that my 2 tenants ordered a new internet service an...
I'll be hopefully getting a closer look at a fully rented 3 unit I'm considering purchasing. The current rents are $600, which is about $100-$150 below market. The tenants are month to month right now. My question ...
Hi,
I have a duplex that is very updated with good tenants except for 1 issue....they started to smell. The tenants pay on time, or early. They help with little things to fix around the property. Recently, I noticed ...
I am new to Bigger Pockets and real estate investing. Considering a vacation rental purchase in the Outer Banks, NC and have lots of questions.Any thoughts on the area and if it is worth while to consider it for a va...
Hi there Bigger Pockets Peeps!I have been enjoying reading the blogs and forums for a few months now and thought it was the time to start interacting with all you inspiring people!I am a kid-less, married, 20-somethin...
It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
Right now we just use our current one for informational purposes only. Most of our marketing is direct mail and many of our sellers first go to our website to learn more about us.
However, We want to graduate...
Hello everyone,So my business partners and I are thinking of starting an S Corp vs an LLC that can be taxed as an S corp. I just wanted to ask what are some of the benfits tax wise and if someone can send me a contac...
Hey Everyone,
I finally took action, I went out Friday night and put out some bandit signs I had ordered. I have got one call so far...and I'm a nervous wreak. I listened to the recording which gi...