I've never purchased a property with the intention of flipping. Always with the plan of buy and hold. I know many flippers look for property that they can buy at 70% of ARV minus the cost of repairs. I assume this equ...
Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...
View report*This link comes directly from our calculators, based on information input by the member who posted.I have been primarily looking at buy and hold deals with minimial repairs needed, but a f...
Hey Bigger Pockets,I've been evaluating a 4 plex these last few weeks and I can't decide what to do. (this would be my first RE purchase). The basic numbers are this:Negotiated purchase price: 336,000FHA monthly pa...
I was driving around to day, and going door to door knocking in hopes of finding leads. I did find on really motivated seller. He purchased his home 13 years ago. The ARV of the home is $135,000, he owes $60,000 accor...
Hey everyone,I recently bought a 4-plex. In the process inherited two sets of tenants. The one tenant is a woman with a couple children a few dogs, a cat etc (a real winner). Long story short I showed up on day 1 to c...
Hi all!
First I just want to say I have been on BP for less than a week and have found my new web home-page. Loving the podcasts and all the articles that the members have written and posted. Thanks to everyo...
Hello everyone,I sold my investment property last year and realized a capital gain. I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss. Can I use that ...
I am reading that the mortgage deduction is going to be for loans up to 750k on new deals for primary residency....., how about for rental properties? is that any different? is this capped to 750k total or is it per...
Hello all,
i have a tenant that has a dog that was on a Pet Addendum. However, after a few issues with not having the dog on a leash, dog waste not being cleaned up, and the tenant against my permission putting up a...