Melanie Baldridge
Being RE PRO is worth it.
31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just 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 best ways to end up with a much larger net worth at the end of your career.
David Sotomayor
Seeking Advice: Using a Cosigner for Fix & Flip
2 February 2025 | 4 replies
Quote from @David Sotomayor: Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify.
Cody Hahesy
Advice on starting in MultiFamily brokerage
3 February 2025 | 0 replies
I am a recent college graduate who worked in finance immediately after college, but knew that real estate was the path I wanted to eventually go down.
Jason Weidmann
Looking to start investing in LTR,
31 January 2025 | 11 replies
Here’s a more polished version of your message:Hello BiggerPockets community,A close friend has been encouraging me to get into real estate investing for years.
Geoff Engel
Starting late, but ready to go
24 January 2025 | 18 replies
Also, how much time do you want to spend doing real estate vs. your main job or extra work in order to fund it.
Ella Marie
New and ready to learn hands on
31 January 2025 | 9 replies
Hi Ella, welcome aboard,Your post about your real estate ambitions, encompassing the purchase, renovation, and sale of properties, as well as the ownership of Airbnb rentals, is indeed an exciting endeavor.
Andrew Drasch
Turbo tax premier
3 February 2025 | 2 replies
There comes a point where having a real estate-savvy tax preparer outweighs your time learning a new software.
Prashanth Jagadeesh
Looking for investment property
3 February 2025 | 3 replies
Best thing you can do is do some research to find a seasoned real estate agent in your area or use Bigger Pockets to ask other members who they had sucess in using.
Hendrix P.
Allentown, PA
3 February 2025 | 24 replies
Hi Everyone, I work for a investor focused Real Estate Team (Morrow Wargo Group) based around Allentown.
David Robert
Single family home with severe cigarette damage, great price
28 January 2025 | 4 replies
Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.