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Hey Everyone - I have a triplex under contract and am curious on how to approach this situation. The electric is metered by unit but the water is not. Ideally I wouldn't like the tenants to know I'm even paying for th...
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I'm considering using Seller Financing on a property, due to ...... The fact that It needs $35,000 of repairs ( of which I do no have the cash to buy the Property outright AND pay for this amount in repair ) So ...
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Do you always do a 50/50 split? Do you consider a lesser split (for your side) for performing notes, since there should be less to manage? When you send payments to your JV, do you include principal and interest? Or d...
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Hello BP Members!!! (hopefully this is the right "post to" forum)
Prelude: Hopefully there's a relatively simple answer. I'm going through the process of getting my notary commission in the state of Virginia; to bec...
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First, I would like to introduce myself. I've been listening to Biggerpockets podcats for over a year and regularly check out the forums. I haven't had much to add to the forums, but am looking forward to contributi...
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Hello everyoneI am looking at a 5-story commercial building with a separate (almost) 10k sqft lot in downtown Providence, RI. The building is historic, sits in an opportunity zone and the price per square foot is extr...
Hi,I looked on my returns this year on my schedule E and on one of my rentals my CPA didn’t put an amount in my utilities section. Would that be a red flag for the IRS for audit? The building is a multi family 6 unit....
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Hello, I am brand new to Real Estate Investing and have newly discovered Bigger Pockets. I am reading and listening to as much as possible to learn what I can. I now have W2 income, and would eventually like to invest...
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Hi Everyone,This is my first forum post, so be easy on me, I'm a rookie. I closed on my first duplex last week in Connecticut, 2BR/1BA in each unit. I have the option to convert one of the units into a 3BR and plan ...
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Prior to purchasing our first rental property my husband and I took a course to learn the ins and outs of RE. Our CPA says we can't deduct the cost of the course since it wasn't education for our main jobs. This is f...