Dan Graney
Water Jetting to clean drains
10 February 2016 | 12 replies
The newer once have a lot more power which will allow the waste to be pushed past the obstacles.
Mehran K.
Finally Leaving My W-2 J.O.B. Pumped!
23 April 2016 | 66 replies
CongratsThe power of team work and biggerpockets:~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We first started working together I had $0.67 in my personal bank account.First property we worked together on was 67th Street.I’m grateful for the opportunities and good luck moving forward.Ramon
Annie Thompson
New investor from Arizona finally introducing Myself
29 February 2016 | 5 replies
This site has tons of info to offer in regards to investing and make sure you use your pro super powers in analyzing deals: https://www.biggerpockets.com/analysisSee you around Annie!
Blake Elder
Investing Timeline: When to switch to commercial
30 November 2015 | 12 replies
When an owner can't sell the whole shooting match, this gives them an exit.Accounting wise, the first year you carry your asset at cost, but since fractional interests are less valuable than a majority interest or equal interests after a year you can adjust to the fair market value claiming the percentage ow ownership, in other words, real equity.Even with a minority interest you can take full charge of ownership duties, including the power to sell!
Vincent Crane
The importance of posting on BP (MUST READ FOR NEWBIES)
21 September 2016 | 65 replies
You might never see them post at all.This is a very powerful site not just because what you see on the forums but all the other benefits that come from this site offline.The best thing I can say is get educated and be the best in your field and share that knowledge.
Lane A.
Baseball Player/Aspiring Real Estate Investor
2 February 2016 | 36 replies
So while you have the earning power, the youth and the energy you must JUST DO IT!
Ryan Davis
Advice on Watering Grass for Single Family Home (SFH)
17 November 2015 | 3 replies
My concern about option A is the cost but I'd still like additional perspectives.
Christopher Williams
Tax classification
20 November 2015 | 12 replies
Originally posted by Logan A. is very correct that an S corp would be preferable to an LLC for flipping.
Justin Brewster
Million Dollar Deal -- Lexington Kentucky
23 November 2015 | 9 replies
Not attempt a 1031 exchange when their intent is to hold real estate productively simply because they are afraid their intent won't be believed.There is wisdom in many counselors and it is in working with your professional team that you will find wisdom to decide whether or not to use a 1031 on a sale.One powerful trend that @Zachary Curry is referencing though is the tool of the reverse exchange and the increasing willingness of lenders to make those kinds of bridge loans that allow investors to lock up their next project at today's prices while positioning their current property so it can enjoy longer gains and further establish intent as use of qualified property.