Jonathan Small
2/1 Townhouse. Not a grand slam but a base hit.
Investment Info:
Townhouse buy & hold investment.
Purchase price: $72,500
Cash invested: $9,500
Deal finding: Upside opportunity to increase rent over time. I am expecting to increase rent 10%...
Jeff Chisum
Three Pieces of Misinformation
Here are three pieces of misinformation I've encountered from client calls this past week regarding the 10% down second home occupancy loan:
1. The property has to be at least 50 miles from my primary residence. (Thi...
Nathanael Greene
BRRRR properties over the course of a year
Is it actually possible to BRRRR 100 properties in a year and use them as rental properties?
Peter Kopchik
Dealing with hoarding tenants
I have a 2 family house, I live on 1st floor and have tenants on 2nd floor. They have a lot of stuff borderline hoarders. It started small but they keep accumulating more stuff on their porch, their stairs and the pat...
Ben Mandelstein
Selling Agent lying about having a tenant.
Hello Everyone,I am fairly new to real estate investing and bigger pockets. I am in the process of buying my second property in Texas. The property is a duplex and when I first saw the property the listing agent only ...
Catherine Javier
Keep, refinance or sell?
Hello everyone! Asking for your expert opinion. Any thoughts are appreciated!We bought at $212k, we put 20% DP used DSCR(~45k because it was appraised at $206k).
Some of the updates we did: changed roof& hvac,...
Chris Muller
Deal Analysis - opinions from experienced commercial investors
Hey there,I have, to date, been a residential buy/hold investor with 2-3 units properties. I have sourced an off market deal and am in negotiations with the vendor. Before taking anything to the next level, I have b...
Evan Morgan
Newbie seeking guidance
Hi Everyone!My name is Evan, and I'm pretty new to the concept of real estate investment. I'm still in the 'study' phase and have questions I can't seem to find the answers to. I currently live in Ma, but am intereste...
Stephen Savage
Newbie - Is personal use counted by days or nights?
I'm under contract for a ski-in/ski-out condo in Keystone Colorado. I'm going to use the condo primarily as a STR property, but would like to maximize personal use without going over the 14 days/10% IRS rule. I've r...
Timothy Garman
Tax related questions for partners
Hello All,
I purchased a property with a friend/partner roughly 2 years ago. We used to live in the property together as college roommates but have now both graduated and have since moved out. We now rent this proper...