If I purchase 6 single family homes with a commercial loan, what are the pitfalls if I decide to sell one individual house while keeping the rest as rentals.
How do you assign general expenses incurred in your rental business to individual houses for tax purposes? By general expenses, I'm referring to equipment purchases and mileage when we drive by all properties periodi...
How do RE agents generally work mail campaigns? Do they typically use EDDM to a specific neighborhood with a "People want homes like yours. Call me to see what it's worth" generic type of copy? Or do they actually tar...
Alright Bigger Pockets, i need your help getting creative. Here is the situation, im trying to secure financing for a property. Actually two properties. One plot, two individual houses. I reached out to my VA guy beca...
Hey BP,I am looking for some guidance on how to find a agent that specializes/has experience representing buyers with new construction SFR's.I have talked to a couple realtors and they tell me "yea I've done a bunch" ...
We have a property that consist of a house and a guest house. We just got the listings up and running over the last few days. On Airbnb I have both houses as one listing, the main house as one and the guest house as o...
Do you flip houses as individual or as LLC?Cons and pros of each approach in your opinion?
I was approached by another investor who is in over his head and wants to unload 7 rental properties with an asking price of 298K (negotiable) – breaks down to around 40K/ house.Are their any lenders who would lend on...
Hi BP, i’m currently a realtor in Philadelphia but have the opportunity to relocate to Phoenix metro specifically the Gilbert or Peoria areas. If I were to relocate, I would become an agent in Arizona with the long-te...
Hello BP community.
I have been analyzing some 5 unit multi-family properties lately and was wondering when factoring in cap expenses at 5%, should that percentage be per door for 25%, or should it just remain at 5%...