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23 November 2024 | 1 reply
The potential renter is asking about possibly renting to own.
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1 November 2024 | 0 replies
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?
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30 October 2024 | 5 replies
I will purchase this 4-plex through an FHA Loan with 3.5% Down Payment and live there for at least 1 year until I can afford my next multi-family!
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23 November 2024 | 2 replies
I am getting a 5% interest rate, 30 year amortization with no balloon, no prepayment penalty.I am deciding the best way to fund the rehab.
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25 November 2024 | 1 reply
I have recently been applying to jobs that teach and train real estate agents to wholesale, looks like it could a good opportunity on account that they have the capital.
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23 November 2024 | 3 replies
If the lease is at market rents and the unit is in great shape, it could be attractive to another investor.
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23 November 2024 | 7 replies
Thank you everyone for the feedback!
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23 November 2024 | 40 replies
I get the fact that they want to be compensated for generating the initial inquiry however, wouldn’t they just charge the standard 5% rate?
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23 November 2024 | 2 replies
Hi Luc, welcome to the BiggerPockets community!
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23 November 2024 | 1 reply
Great Post- I appreciate you saying what a lot of the Gurus fail to explain: that this is a long term process and in a lot of cases we don't see the benefits for years to come.