Hi all, I'm new to BP and considering buying my first investment property in Buffalo, NY. I'm a Buffalo native that has been living in NYC for the past three years so very familiar with the area and have family living...
So, we bought a distressed home and rehabbed it, now about to rent. I understand the purchase and rehab cost have to be capitalized and minus land value, depreciated over 27.5 years.My question is one of the assignme...
I’m new here to BiggerPockets & looking for some insight.
Potential renter with clean criminal background report but googling the person resulted in an arrest for domestic violence by strangulation 6 months ago and an arrest for lewd/lascviousness 10 years ago. Yes or no t...
Hi All, I have 2 duplex questions for the community. 1. I'm hoping someone is willing to share the expenses they underwrite from a duplex. I know property taxes will vary, but was curious as to what I should be under...
I have an applicant who is 19 year old and he is moving with two others who are in mid 20s. The mid 20 year old applicant has decent credit score with all clear background (cozy screening). The 19 year old says that...
Hi! My name is Emily, and I am excited to become a part of the community.My goal is to learn about the challenges and struggles of the Real Estate industry and to contribute in some meaningful way. Eventually, I wou...
I created an LLC because originally I was planning on purchasing a couple of condos to rent out locally. But the seller did not accept my offer. I am now looking at a property in foreclosure that is due up for aucti...
By luck or maybe not I received a call about acquiring 6 properties. I need no money down but I am responsible for the loan payment and back taxes. I normally do 1 SF rental at a time so this sort of deal I am havi...
Hello BP,I've been interested in saving and starting some sort of passive income for the past few years, and have recently stumbled across the strategy of holding long term rental properties. This is the first idea th...