Clay Teegarden
Fix and flipping tax implications.
17 October 2024 | 9 replies
I feel like I e read before that 25% of net profit is a good rule of thumb to set aside for those taxes, but what have you all found to be true?
Alyssa Balam
Forclosure or try to sell at a loss??
20 October 2024 | 17 replies
Sure, it will take a few days but worth its weight in gold.
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
16 October 2024 | 11 replies
@Jeremy Altdorfer Just adding to the above, the rent should be on Sch E of their tax return.
Brandon Flores
Marketing- SEO or Direct Mail
16 October 2024 | 10 replies
I would actually suggest you spend that money to get your real estate license and hang your license with an e-brokerage.
Craig S.
Multifamily Construction Cost Projections?
17 October 2024 | 2 replies
I do these project, but I am going to PM you the contact info for an A/E with a lender that does larger investment projects like this.
Nupur Daruka
Tenant issues with neighbor
14 October 2024 | 7 replies
I know a vacancy is tough and it can be hard to find tenants in the winter, but you have to weight the costs and benefits and decide.If it's harder to find renters in the winter, try offering a month-to-month lease just to get through the winter, then move back to a one-year lease in the spring.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
stacks of capital for unexpeeccted repairs, zoning, headaces you simply can NOT forse e until it happens, and 6 months of the mortgage in reserves for vacancy/ job loss. 50k an d8k in credit is mayb safe to by 1 property. that 38k you think is left, not nearly that will be left over. so what is leeft..... theere are your reserve. you have noting left to get another property
Mary Jay
Neighbors tree fell on my roof
15 October 2024 | 24 replies
This might lighten the weight of the tree toward your property; so this might help or not.
Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
15 October 2024 | 14 replies
Business credit is largely irrelevant until you get into the true CRE and commercial lending space, and even then, the key principles are weighted heavily.
Mario Casarez
What's Bigger Pocket's view on IG Gurus like Thach and Jake....
24 October 2024 | 55 replies
E I ended up joining Thach's mentorship program "Springboard to Wealth" after not really finding good support on Bigger Pockets.