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19 February 2025 | 4 replies
Though I am unsure how I would amortize the up front remodeling costs for P&L, tax accounting.2) Interest only loans term loans - Would allow current owner to have cash flow on the property, without eroding the asset value.
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16 February 2025 | 20 replies
Also, there may be some tax benefits if they can qualify for federal funding based on low income.
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21 January 2025 | 3 replies
Britt,My firm has evaluated some smaller properties (under $500k) in the past for cost segregation, and it generally does not cost justify moving forward, since the benefits are small, and typically the tax liability on the income is minimal if any.
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12 February 2025 | 2 replies
A little background: Feel free to scroll down for the main reason of this post...I started out in 2011 trying everything to make my start in real estate but was not successful until 2015 when we purchased our first duplex in Fresno CA.
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21 February 2025 | 13 replies
An investor-friendly agent is also key.If you’re looking for creative financing options, feel free to reach out, I’m here to help!
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14 February 2025 | 8 replies
If you have questions or want to discuss financing options down the line, feel free to reach out.
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5 February 2025 | 4 replies
Over time, this strategy naturally builds your portfolio of managed properties.3.Use Educational Content as Free Marketing•Landlords love practical advice, and educational content positions you as an expert.
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7 February 2025 | 3 replies
Since you're looking to expand into Florida and other states, I'd recommend starting by narrowing down your focus:Market Research – Florida has great opportunities, but each state and city has different laws, taxes, and demand drivers.
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2 February 2025 | 7 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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3 February 2025 | 2 replies
In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.