Gabriela Tercero
Honduras, Minnesota, Iowa, now real estate investor
27 September 2024 | 2 replies
After 21 years of living in the United States, I have finally found the American dream that everyone kept talking about.
Melanie Baldridge
W2 employees and RE Pro Status
26 September 2024 | 1 reply
Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.
Heidi Jensen
Wyoming Holdings Going Away?
26 September 2024 | 5 replies
It harms American citizens and puts law-abiding small businesses at a disadvantage.
Samuel Coronado
Refinancing a VA loan from a 6.045% to a 5.125%. Do I wait for later?
26 September 2024 | 3 replies
Hey Sam,Sounds worth it, 5.125% no points?
Sam Mori
Hello BiggerPockets! New PRO here
25 September 2024 | 2 replies
I'm Sam M. from San Diego,CA.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
If political regimes **** up their economy and try to solve the problem by printing money, the currency hugely devalues as it's done in lots of latin American countries like Argentina, etc.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
I can appreciate skepticism and people not just throwing themselves at something with the classic dogma of American society.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
Quote from @Sam Silverman: The driver of this capital call is due to the floating rate debt that is on the properties that, over the last couple of years, gone up dramatically.
Phillip Bernier
Lenders + seller 2nd's = Justin B-BRRRR?
24 September 2024 | 6 replies
We've affectionately called this the "Sam's Club BRRRR," or "Justin B-BRRRR," as we're completing our "BRRRRs in Bulk" with many units at a time. ;) THE ASK: Do you happen to know of any good portfolio, bridge, and/or DSCR lenders, private or otherwise, that may be willing to work with such a scenario?
Matt Wignall
Brainerd Lakes/Duluth/Superior Insurance
24 September 2024 | 2 replies
I have American Family.