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My in-laws inherited a property in West Virginia. In a soft market they decided to rent it instead of selling. When the taxman found out that it was a rental the property taxes almost doubled.What is the political c...
The goal of the Fair Housing Act is to ensure “no person shall be subjected to discrimination because of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or advertising of...
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I currently rent myself but will be looking into my first investment property due lenders count current rent as a debt to income ration for loans?
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Hi all,
I am acquiring a 7 unit Multifamily property in New York for $1.2mm. Rent roll is about $150k/yr. Building Is fully occupied. I will be managing the property. Rental upside is maybe 10-15% over the next few y...
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I hear so much about the importance of an exit strategy. However, is an exit strategy even necessary for buy and hold properties (multifamily deals) ?The seller I've been talking with seems open to seller financing. I...
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I looked at my first commercial property - my chiropractor's office. The owner listed it at $1.5m, it has 8250 square feet and has a NOI according to what the realtor told me, of $75,000. It's 1/3 occupied. I'm not ve...
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Hello BiggerPockets community,I’m currently navigating a challenging situation and would appreciate some advice from this knowledgeable community.
Property Details:
Property 1:
SF Detached 4 Bedroom 2.5 bath, Atla...
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Ive been looking to house hack a 3/4 plex in the coming months. With that comes my first financed purchase since I've only bought cash in the past. Seeing as i dont have 2 years of solid income for a bankntongo off of...
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Hello all,My name is Sajili from Los Angeles, CA. I'm a newbie interested in multi-family, buy and hold investments, low and no money down investing, and flipping. I am currently in medical device sales and a veteran ...
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I am about to close on a Duplex that is fully occupied at this time. I was hoping to close by the end of the month but the bank appraiser seems to be too busy to get it done. Lets say I don't close until next week w...