Hello All,My family and I recently purchased and renovated a house in Birmingham, Al using the Fannie Mae Homestyle loan. I have to say this is an amazing loan, and have been very pleased with how smoothly everything ...
Hello,
I've modeled my investment property cashflows in excel. In my model, should I be counting the depreciation tax shield as cash flow? Logically, it seems like it is cash flow since it is indeed, cash in my pock...
The majority of the real estate holdings I have are single family homes. We have one duplex that periodically makes us scratch our heads when trying to rent it. Case in point. This weekend my wife showed the open u...
How do I sneak inspections and appraisals into a contract as a cash offer?Where can I find full unredacted text of a contract with a buyer that does this? Would a standard contract allow the buyer to perform various i...
Looking for the best alternative to Airbnb and reason why? Thanks!
I'm a veteran and have the unique opportunity of not having to pay property taxes on a primary residence of up to $2.5m (in Cook County). I am debating the best way to take advantage of this.The most obvious would be ...
Hey, guys. I want to know how much money you keep available for contingencies on your SFR rentals.I have two SFR's, with a third (current residence) to be rented within a year. With the two rentals, I've never taken a...
I am working on an REO deal that is in need of Rehab, the property has been half rehabbed already and needs more. It appears that the garage has been converted into a master suite.
I am trying to figure out if the...
Context
The story is that an elderly couple purchased and owned a number of multi-unit properties which they unfortunately purchased 4-5 years ago. They kept the properties going until 2012 when the husband p...
Good morning from the Seattle area. I've been hooked on BiggerPockets for over a year now. I've listened to at least 100 podcast episodes and have read several recommended books. Two huge milestones for beginners ever...