Daria B.
Craigslist - 1st time contact - Leary now about meeting
30 November 2015 | 18 replies
The email was delivered early this morning that doesn't coincide with the message timeframe - thanksgiving has long since passed so it may be a late delivery on Craigslist part.I received the email via craigslist and while the message was specific to their available time - I now have to decide if I want to give my address for viewing of the furniture.Craigslist posts safety links as suggestions for transacting business.
Andrea Castor
Ready to really do this in Dayton, OH!
4 February 2016 | 6 replies
Here's a link to the announcement https://www.biggerpockets.com/forums/521/topics/24...We'd love to meet you and your husband.As always feel free to call if you have any questions.
Frank Closer
Newbie from the DMV
24 January 2016 | 11 replies
IRA publication 560 and the following IRS link shed more light on this. https://www.irs.gov/Retirement-Plans/Retirement-Pl...
Noel Roche
Hello my name is Noel. I'm from Yonkers, New York.
8 December 2015 | 16 replies
Your time here will be well spent.You expressed an interest in buy and hold, as well as multifamily, so, I added a few links on those topics http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex) https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?
Ebrima Drammeh
New graduate starting Real Estate investment
5 December 2015 | 4 replies
Your time here will be well spent.Since you mentioned an interest in buy and hold, I added the below links for your review, while you wait for connection with a mentor. http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?
Bob Roach
What percentage of purchase price is rental income (typically)?
5 December 2015 | 1 reply
@Bob RoachGood question, the rule of thumb is normally 2%, but, it's debatable and hard to achieve in certain markets.Below, is a link to #AskBP podcast 083 that gives additional details.https://www.biggerpockets.com/renewsblog/2015/08/1...
Chris McDaniel
How do you show proof of funds when using private money?
6 December 2015 | 6 replies
We offer both a commitment letter and have a link to our proof of funds on our website.
Ben Teehee
New Member in Mercersburg PA
6 December 2015 | 5 replies
Ok, now that you have taken your initial step, below are some quick links to get engaged.Since you never mentioned a niche of interest, I added three of the most popular ones for your review and selection.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 aWelcome to the vibrant BP community.
Cameron Price
How do you ACTUALLY set up a self directed 401k
10 January 2018 | 37 replies
Changing to S-corp status would most likely make sense at the beginning of the year relative to 2016.Contributions calculations are somewhat different in a sole proprietorship situation as vs once you start taking a w-2 from your corporation - though the amounts end up being pretty similar.Bottom line is that you will want to sit down with both your CPA and a quality plan provider and put together a strategy that will help you maximize the tax efficiency of your business as linked with a Solo 401k.
Rafael Norat
Capital Gains Tax on Flip via Joint Venture
7 December 2015 | 7 replies
An s-corp is not a good place to hold rentals.Another thing to look out for is if one of the partners is a licensed and bonded contractor and you are hoping to avoid sales tax and B&O tax.