David V.
IRS Form 8824 Review
25 September 2024 | 4 replies
I have been doing my own taxes my whole life (56 now) and have 5 rentals (don't want anymore) so i feel comfortable about 95% of the time when filling them out.
Ram B.
Is there a Visa for Canadians investing in US?
28 September 2024 | 11 replies
If yes please let me know more about it.I am asking this question as I am interested in buying and managing a Multi-Family or Apartment or commercial building in North Carolina ( Charlotte or Raleigh).Thanks/Regards,Ram
Guillermo Nadal
6 Units Ad Value Deal with Private Lender
8 October 2024 | 9 replies
Keep pushing forward—this is just the beginning, and I’m excited to see where your journey takes you!
Gian Harris
Transferring RE License & Broker License.
3 October 2024 | 1 reply
I haven't quite figured out if its possible to transfer certain licenses to certain states if you are a real estate agent or broker.
Jared W Smith
Market Research / Family as boots on ground
24 September 2024 | 2 replies
I am researching a market to jump in and purchase some rental properties for buy and hold out of state.
Drew Mullin
Networking to finance single family rehabs in South Florida
25 September 2024 | 13 replies
Check out the events section on BP, search eventbrite and meetup for re networking events.Good luck!
Sam Mori
Hello BiggerPockets! New PRO here
25 September 2024 | 2 replies
I think I am on a path to recovery, ready to check out the market tools to finally pick and market and find some deals!
Pavan Kumar
First investment property
2 October 2024 | 1 reply
What made you interested in investing in this type of deal?
Antonio Harmon
How to Develop the Best Strategy for Real Estate Investing?
23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.
David Georgeson
Should these trees be trimmed or removed completely [pic]
7 October 2024 | 6 replies
I am debating about this because I know most people like mature trees but in this particular case, they almost completely cover up the front of the house.