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Hello Bigger Pockets,My husband and I are in the process of deciding between a 15 year vs. 30 year loan for a $48,000 house. Interest rates for 15 year are 3.0% and 3.75% for 30 year loan. We plan on fixing up the hou...
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Hi BP,
So here is the scenario: If one bought a SFH in 2012 for $190, now worth about $500. Selling this piece for $490-500. Is he/she responsible for the capital gain? Any input would be great. Thanks everyone
TM
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We buy seller financed notes so each year we track the stats. We saw a 15.9% increase in the dollar volume ($23.5 billion to $27.3 billion) and a 7% increase by count in 2021. The increase in the dollar volume would ...
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Hello BiggerPockets Family!I’m super new to the real estate world! I’ve begun to read real estate investing books and listen to real estate podcasts. I currently live in Los Angeles and would love to invest somewhere ...
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Hi there. I USED to be a decently successful investor (until 4 internationally adopted kids turned my world inside out!!). However, I have not been 'active' in almost a decade and am not only unsure of myself, but als...
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Hello BP community,
Has anyone faced a hurdle to obtain loans from local banks, because one is not a local resident?
I purchased a rental property in Birmingham, Alabama and have contacted every local bank there an...
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I was wondering if anyone had a better insight on this issue. We have a deal with the owners that anything over $200 per month on utilities the tenants pay. So if there's 3 tenants in the unit and the utility bill is ...
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I currently own 2 long term rentals. Closing on a 3rd rental mid February. I've decided to start a side hustle involving wood fire pizzas. I bought a mobile oven trailer that can cater and be a food vendor for various...
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This isn't a pressing issue for me, but want a bit of clarity before logging it away to memory for future sake. I'm working on my Florida real estate pre licensing courses, and one sentence that was sort of glossed ov...
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Hey everyone,I am looking to get my feet wet in real estate investing by starting with a multifamily home to house hack. Does anyone have any experiences with multifamily properties in Central Connecticut? Primarily l...