David Lawrence
Where should I be considering?
I am based in Manhattan and am looking to invest between around $60k in cash, into one or two properties, I have other money saved so this is real estate investment money. I want to utilize a mortgage/s, for personal ...
Jimmie Dickey
Depreciation outpacing principle paydown?
Quick details: accidental-ish landlord. Always wanted to get in, just didn't buy this house with the intention of it being a rental. Purchased in 2008 for 155,000. Used as primary residence until placed in service on ...
Adrian Mariano
How to finance duplex.
So I found a duplex for 230k but I'm only approved for 200k. I was wondering if there is a way to use the potential income from one side of the duplex towards debt to income ratio?
Seth Davidson
Buy & Hold In NJ - Taxes Kill Cash Flow?
Hi NJ Landlords. I'm new to real estate and have been trying to get into buying rental properties in NJ. Here's my dilemma - every property I analyze does not seem to cash flow. I think NJ taxes are killing my numbers...
Josh Freeman
Splitting a parcel and using a 1031 exchange
Happy Sunday Bigger Pockets!
I am fairly new to BP, also to the investing world. I have consumed many books to this point and have gained a great deal of knowledge with the hopes to turn that into wealth, but Uncle S...
Damon Miller
Owner Financing, should I?
I need help. I can’t figure out if it’s a good idea for me to do owner financing and I would love some input from someone smarter than me. It’s a great cash flowing rental. The only reason I want to sell it is to use ...
Ryan Deasy
Can you deduct taxes etc on a lease purchase as the buyer?
Hi, If you are the buyer on a lease purchase and are paying items such as real estate taxes, etc., can you deduct those items even though you are not on title yet? Thank you!
Matt McMacken
LLC self sufficient to bank?
As some of you already know theres many wonderful advantages of owning real estate come tax time. For example, I’m able to show a rather small profit on each rentals due to depreciation and other expenses even though ...
Jason Malabute
operating reserves for my first deal in indy
Hi All,For my first apartment deal how much should I put aside for "operating reserves"?Operating reserves for apartments are insurance, mortgage (principal and interest), and property taxes right?So Biggerpockets sa...
Terry Evans
Wholesaling Mortgage Pre-Foreclosure
Hello All,So I was hoping for some feedback from the BP community.I have been focusing on marketing to pre-foreclosures / both tax pre-foreclosures and mortgage pre-foreclosures. All of these properties will be ...