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5 February 2025 | 5 replies
And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...
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27 February 2025 | 45 replies
You don't wanna pay the bill, don't take the product.
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19 February 2025 | 9 replies
Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?
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10 February 2025 | 17 replies
I would love to learn from and connect with those of you who partner with corporate hq folks (regardless of the "corporate" buyer) and offer them an inventory, or even one product/asset, for MTR/Corporate Housing.
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24 February 2025 | 37 replies
Housing inventory is a by-product, while interesting, it is not the salient part of the focus.We won't know until next January, but it's interesting to watch and see if promises to reduce the government are kept.It's been fun.
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27 January 2025 | 6 replies
Feel free to share more about what you’re working on—I’d love to connect and collaborate.Wishing you a productive week ahead!
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27 February 2025 | 10 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.
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17 February 2025 | 24 replies
i like this coffee maker. people can do individual cups if they dont need a lot, or they can do a full pot. https://www.amazon.com/gp/product/B0896NP59N/ref=ppx_yo_dt_b...
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7 February 2025 | 6 replies
If you are going to get a DSCR loan, you cannot live in the home, end of story.There's plenty of qualified LO's around here who's job it is to find the best product for you.
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30 January 2025 | 8 replies
Freddie has a reno loan product that can be used for investment properties; this is only for first position, though.For the Heloc - it goes back to whether your mom wants to continue carrying the loan for income, and if so, how will you pay off the heloc once the rehab is complete?