Dear bigger pockets, My wife and I are both new to multi family investing and I posted two months ago about a "failure to obtain permits for a duplex" citation for a new multi-family property we just acquired. You can...
Alright i'm not 100% sure how I want to go about this.
I have a tentative JV agreement in place. I'm writing up an offer for a house to hold as a rental . It will be a 50/50 split. I have a ...
I am soon going to be a single Mom. I have stayed at home for the past 4years to care for my daughter so dont have current job history. I have several negatives around 100.00 each..should i pay these off? will tha...
I still think now is the best time to keep mailing, especially if you've been at it a while, but it's hard to look at the monthly fees for it to go out if the chance of returns and closings are limited. I think we wil...
Hi all! I'm a handy guy at all. Instead of having my handy man come over for every little thing I want to learn to do things on my own. Does anyone know of a Blog, youtube channel etc. that is good for learning to ...
So my dad and I co-own an LLC that we use to buy property. We don’t have a ton of money to put down on a large multifamily but I have been thinking about this idea.
If we buy a $2M property at a 13% cap rate, which ...
Hey everyone, just thought I would run this by you guys and see what your thoughts are. I came across a foreclosure that was on the market for $35K. It was a 1999 28x60 on a basement and 1 acre of land in the city s...
Hey All,It's been pretty quiet up here in the Canadian section so figured I would quit lurking and ask some questions and hopefully start some discussion. I've been cruising trying to absorb as much information and se...
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
My tenants' lease ends Aug 31, and although they pay on time and take care of the house, they have been high maintenance, literally, from day one, and their usage of heat and water is much higher as well. The cost of ...