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So I'm working on using the rental property calculator for the first time. In my theoretical world, I'd pay cash for this rental property and assumed that the county assessor would assess the property value below the ...
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Hi BP, Advice Needed I Bid and won on a property from New York State Online Tax Auction. Downpayment was accepted by county. 5 Months later I was notified of litigation on the property between prior owner & coun...
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Not a HELOCFor the sake of example, let's say a home appraises at $100,000 I have $55,000 in Equity and owe $$45,000 at 3.75% on a 30 year note. I've found an amazing deal and would like to use some of this Equity to...
I purchased my home during the low end of the market in 2011 for 108k. I've been renting the 2 beds out for the cost of rent and maint. for 5 years while living in the 3rd bed. Now, the value has gone up to ~160k and ...
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I bought a house recently as a rental property. I used the realtor to find a tenant in order to fill quickly. The agreement was 84% of the 1st month rent was to go to the agent ($1600 month/rent, $1344 to realtor). Th...
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I assume the loan would just become the debt of the estate. Would it then have to be paid off in order for the heirs to close the estate through probate? Or is there a way around this?
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soo..my dad bought a rental property 3yrs ago and i liked it so he let me move in and pay the mortgage along with the other obligations.it was 100k, he put down 20k and the rest is history.My wife recently started wor...
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I just passed my sc real estate exam and wanted to find a brokerage before I applied for my license. Could anyone recommend where I will be able to do retail sales but also learn more about investing? Or at least anot...
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Hello, biggerpockets! I am CRE professional living in Chicago and starting to test the waters as an owner/operator in the form of stabilized, cash-flowing 2-4 unit assets. Over the last 8 years, I’ve worked for two ...
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Regardless of elections, year-end tax planning moves forward…with or without Congress.The fate of many of the tax incentives taxpayers have grown accustomed to over recent years will likely remain up in the air until ...