20 March 2024 | 21 replies
We pay too much for housing, material, taxes....Flipping is definitely a great business, but in LA, there is too much competition and very low inventory.
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19 March 2024 | 8 replies
It would be nice to make some connections on here and hopefully help each other build our businesses.
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19 March 2024 | 12 replies
For instance, they're opposites in terms of liquidity, physicality, age of the business model, volatility, etc., etc. ...and, my impression is that they're also opposites in terms of the mindsets of the investors (e.g.; many RE investors have comparatively longer time horizons, and I would assume that most RE investors have a lower tolerance for risk).I'm a RE investor, and don't have any crypto, but I have plenty of friends who hold a lot of crypto, and we've discussed crypto endlessly...At the risk of sounding like a luddite, even after years of discussions and reading countless articles, I still don't feel like I have a good understanding of crypto. ...and frankly, I'm skeptical of people who claim to have a thorough understanding of it (yet, there are no shortage of self-proclaimed "experts" who describe crypto with the confidence of someone predicting a sunrise!)
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19 March 2024 | 7 replies
I operate a home services business specializing in property management, renovation, and general contracting.
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17 March 2024 | 20 replies
Absolutely, house hacking is a great way to begin started, especially since it lets you utilise your own home as a rental property.Here are some pointers to help you find a mentor and get the most out of BiggerPockets as you proceed through your real estate journey:1.
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18 March 2024 | 35 replies
For example here in St Augustine, most of the year is steadily busy.
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19 March 2024 | 0 replies
Here are a few incentives as noted by the IRS:168(k) - Special Allowance for Certain Property (Bonus Depreciation)179 - Election to Expense Certain Depreciable Business Assets Other incentives included in the tax code, however, may reduce the need for a taxpayer to perform a cost segregation study because they give preferential treatment for certain qualifying 1250 property such as 168(e)(6) - Qualified Improvement PropertyHave you utilized either of these incentives as part of your cost segregation study?
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19 March 2024 | 46 replies
As soon as we heard what was happening we filed a claim with our home warranty company and paid cash to have the furnace inspected by two companies we have already done business with.
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18 March 2024 | 4 replies
Hey guys, im located in Phx,az and would like to invest on my first property here, I would like to know what are my options, I am self employed and bring in about $4k a month (mostly cash )no paper work to trace my earnings (im in the car selling business) , experian score 630 1 delinquent acct but it was paid off many years ago, Ideally i would like to put down $10k to $15k tops, what interest rate do you all think im looking at.
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19 March 2024 | 22 replies
The IRS will not allow you to pay yourself to manage your own property regardless of how creative you get setting up your business entities.