Caleb Barney
Buying my first investment property (a duplex)
My wife and I currently live in a condo that is almost paid off. We are planning on selling this and using the proceeds to pay for the down payment of a duplex in the area. I’m wondering when we should get an LLC or i...
Khalil Hakim
I bought a property subject to An there is 30 days
What’s the best way to handle the taxes on a property I just purchased. I’ve heard of tax lenders, but don’t have equity in property it was a “subject to” deal.
Anyone can point me into a tax solution.
Ian Rogers
How to record seller credits and commission on house purchase
Hey all,
I have searched the depths of the web for many hours to help me get my my finances in order on QBO. I'm nearly there, but just need help with one more thing.
I'm a real estate investor and my own agent. i ...
Account Closed
Rental SFH Rehab for HELOC
Hello BP CommunityI have a rental mid-$500K SFH in suburbs of Washington DC. This a typical suburban community with homes that are 5 bedrooms, 2.5 baths and 2500 sqft of living space. The house was built in early 90s ...
Christopher Peterson
Financing options for starting out
Newbie here - I've saved about 20k and want to start out with REI but i'm finding myself a bit cash poor. Most of the deals I see in my area require larger down payments and additional money after for renovations. I'v...
Josh Smith
Please help, I need advice!
I have a question for a real estate guru. I acquired a home at around $60,000 below value from family and want to turn a profit. The price for the house was set at $110,000 and is worth around $170,000. Our family ...
Jammy Alexis
Eager to learn and grow
Hello BiggerPockets community! My name is Jammy, and I'm excited to be here. I'm in my mid-20s, juggling the rewarding responsibilities of being a father while diving into the world of real estate. I currently manage ...
Curt Smith
POH/mobile home insurance carriers you use? self insured?
Hi Folks,What carrier do you use for insuring for loss do you use? I own double wides and am paying $300/yr with $5k deductable for a typical yr 2000 double wide on it's own land. I'm shopping carriers.I'm also cons...
Account Closed
Grandview and Raytown. Kansas City. The good, the bad, and the ugly?
I am interested in getting into the Kansas City market for several buy and hold properties. Based on my preliminary research I am interested in 2 areas.
1) South Raytown close to the old Bannister Mall as Cerner Cor...
Tom Mendez
How to deal with second loan
I am looking at a deal with an NTS on the first loan. Nothing on a second, which I am assuming is current.
Do I add both of these loans together as part of the amount owing, for which I will have to pay if ma...