Casey Wilson
Advice on strong Detroit Metro areas for rental property investing
29 January 2025 | 6 replies
3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)
Gil Canfu
🚨 Dallas Real Estate Investors - Need Your Insights! 🚨
28 January 2025 | 13 replies
As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
Have you seen any changes in the marketplace due to that change?
Bianca Rodrigues
Partial Seller Financing Question
15 January 2025 | 6 replies
There may be something called a "Due On Sale" clause.Check and see if all tax parcels are included in one mortgage or if they have separate mortgages.You have to have him spell out what he considers to be a "partial seller financing".
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.
Basit Siddiqi
Experienced SFH Investor: Next Steps?
21 January 2025 | 6 replies
Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?
William Taylor
[Calc Review] A diamond in the rough? - Metro Detroit Duplex report
12 January 2025 | 6 replies
No management costs as it would be self managed, and estimated property taxes by the average of the past few years.
Sonu Sundar
Dubai real estate investment
27 January 2025 | 35 replies
Last time I checked Dubai has an increasing oversupply of properties due to overbuilding.
Curtis Cutler
cashing in 401k? rethinking retirement.
27 January 2025 | 9 replies
About 90k that will be taxed at 40% if I take it now.
Nicole Graziano
Tax's: negative income made on flips
3 January 2025 | 4 replies
@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant.