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24 July 2024 | 7 replies
This is not a completely popular opinion, but I am partial to the west side of downtown Indianapolis around the Indy 500 track and the zoo.
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25 July 2024 | 10 replies
My $10k example was admittedly unrealistic.However, by way of further background, @Dustin Heiner wrote an excellent article on this topic on his website masterpassiveincome.com titled "What to Do When A Buyer Backs Out From An Assignment Of Contract".In it he suggests a scenario where the assignee decides not to proceed, perhaps after discovering a big ticket repair item that would cost significantly more than the portion of the assignment fee held in escrow.
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24 July 2024 | 26 replies
Right now what is popular is black and white.
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24 July 2024 | 6 replies
The BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is popular for scaling quickly.
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26 July 2024 | 23 replies
There is a great article on the llc vs no llc debate on BP with many comments from both sides.
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23 July 2024 | 51 replies
Read these articles before investing in the Midwest: https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl…
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23 July 2024 | 0 replies
I want to buy a studentroom (very popular here, cash flow each month around 400) for about 80-90k.
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23 July 2024 | 13 replies
You should look into DSCR Loans - many investors like yourself typically move to this loan product once they max out with DTI/qualifying conventionally - a bit higher in rate than conventional mortgages - but no DTI ratio or tax returns/income verification makes a much easier qualification process and LLCs are 100% ok (even as sole owner) and actually often preferred.PS - published a 10-part article series here on BP last year on everything you'd want to know on these loan types - sharing links below, hope it can help!
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24 July 2024 | 6 replies
Push out Articles, employee handbooks, brokerage rules.
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23 July 2024 | 2 replies
Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.