Okay,
So I am currently living in Charlotte, NC. I have a 3 BR 1 BA, around 1300 sqft. I am looking to rent this out and potentially buy another home. This is the first time that I have ever done something like this ...
First, depreciation is a short-term benefit. It puts extra money in your pocket every year while you own the property. But, when a property is sold, previous depreciation deductions taken from the property will have...
Multi- Family buy and hold is the model that most interest me. It’s what I’ve done the most studying and research in.
However when I speak to local brokers, bankers, and general investors, there is little to no know...
I have $14,600 available to either pay off a 9% interest rate personal loan or put as a DPymt on our 1st property. Currently our Debt to Income ratio is just over the limit to qualify for an FHA loan. We dont have acc...
A little over a year ago, I wrote a post that received over 10k views. Based on the popularity of the post, I thought it might be worth posting an update, especially because the outcome is quite ironic! Before, I get ...
Good Afternoon BP community,I'm starting to try and build my real estate team. I currently have an accountant however he isn't too familiar with real estate investing so I was hoping to find someone who has a bit more...
Just to get a quick pulse of the market. When you all are buying/selling, what are EMD % you are seeing as of late?Or better said, what percentage of the purchase price are you putting down/asking for, for an earnest ...
I found what seems to be a great deal, single family, downtown area, good neighborhood where I could add good value with renovation. The property is however literately next to a Catholic Church, I wonder if that may s...
Hello BiggerPockets,
My name is Scott and just ran across this site a few weeks back. I must say I have enjoyed reading the articles and forums but I must be honest--don't understand much as I am completlty ...
I am a new owner of a duplex that I live in one unit and rent out the other unit. needless to say is a Tax year, and I am doing my own tax. I have done some maintenance on the bulding as a whole. My question is can I ...