We have purchased our first BRRR and a potential tenant has approached us to rent the SFH at the rent we are asking. She indicated she was a school teacher now but previously served in the military and qualifies for ...
HI BP!I have a duplex short sale in Cincinnati, OH that I've been working on buying for nearly 5 months now. At this point the contract is FINALLY signed and my Lender is about to do the appraisal. (I've already done ...
I have the motivated seller under contract, and my buyer under contract for this one property. My buyer is an out of state investor. He wants me to wire him 2,000 to pay his teammate go look at the property before the...
I’m looking at a mf property in the east bay that has a long time section 8 tenant. I don’t know much about section 8 other than the few bp podcasts I’ve listened to. The unit is renting at or above market rent. The t...
I am in Lancaster Pennsylvania! I am looking to borrow some private money and I have couple people that want to land me money. Can someone please explain the legal process so I do everything right? thank you!
Hi All,
I purchased a house in Atlanta back in early 2021 and I took on the current tenant who was with the section 8 program. The seller informed me the monthly rent was $1,550 including the tenant and city payments...
Hello Bigger Pockets Family, I recently purchased a SFH in Miami using conventional 20% down, however, since I am a first time home buyer, I am claiming this as an Owner Occupant. I plan on rehabbing the property and ...
I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K. I understand that the 401K is not subject to UBIT but I don't kno...
We are getting ready to start our brrrr portfolio! We just spoke with our lender, and walked him through the strategy. He said whoever developed/uses this strategy isn’t up to speed with the latest products out there,...
Hey All,The title pretty much sums it up but out of 13 SFH, about half the tenants have gone to month-to-month leases because they want to buy at some point in the near future. It seems like a purchasing frenzy is re...