
5 February 2025 | 3 replies
My wife and I purchased a home at the very beginning of 2022 and "house-hacked."

21 January 2025 | 10 replies
The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

19 February 2025 | 7 replies
I use a hard money lender here in Memphis TN that is 12% interest paid 1% monthly, 100% purchase & 100% rehab w/5points up front.

15 January 2025 | 3 replies
Washer/dryers are often abused, so there's the initial cost of purchase and the risk of increased repairs.

6 February 2025 | 2 replies
Purchase price: $88,000 Cash invested: $25,000 Sale price: $179,900 I got this deal from an agent who was initially going to list it publicly but thought of me first.

1 February 2025 | 2 replies
@Kwanza P.Here you can learn more about non-recourse loans:https://www.biggerpockets.com/member-blogs/2810/46115-real-e...Here is a list of lenders offering non-recourse financing to Solo 401k:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...You protect your property by purchasing insurance.

5 February 2025 | 3 replies
Purchase price: $35,000 Cash invested: $38,000 Another flip ready in the market. https://www.zillow.com/homedetails/4467-Sims-St-Columbus-GA-31907/76572533_zpid/

8 February 2025 | 12 replies
If I act as my own realtor and end up purchasing a property and receive a commission does the broker I'm affiliated with get a piece of that?

1 February 2025 | 2 replies
Purchase price: $265,000 Cash invested: $200,000 1930’s historic home with a converted garage.

2 February 2025 | 2 replies
Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another Scaling without investors can be tough, especially in multifamily.