Paolo Ertreo
Taxes & deducting rental property taxes & insurance
I am going to file my 2022 taxes as a landlord (for the first time). I have only received a form 1098 from my mortgage company. These forms have a field for "prop tax" and "insurance paid" but they both show $0 paid i...
Eric Lasley
Looking to start a contracting company
Im about to start a business venture with the guy that gc'd my first project. It is my understanding that some cities in Texas require a GC to be registered with the city, but the state does not. Am I correct? also...
Brian Weaver
Should I sell this property?
I own a SFR in the Phoenix area. The current tenant is excellent and has been there for many years. Current rent is under market at $1500. With the Phoenix housing price boom, then property can now sell for $450K+,...
Nate Saenz
New, serious, self-educating & want 3-4 rentals buy end of 2023.
Hello, my name is Nate -I'm a motion designer and video producer based in Austin, Texas, but I'm about to move to Colorado. I have a great career in tech (which is completely remote) and recently have had a serious i...
Svetlana Kazantseva
Buying the first property (out of state, unseen) - advice needed!
Hi BP community! I have gathered the courage to make on offer on my first investment property. The deal seems good:
Good B+ area in Columbia, SC suburb, great schools, 3 bed 2 bath, needs some cosmetic work (repaint ...
Jason Hornbuckle
Flipping Instructional Program Seems Too Fast
I recently joined a coaching program ( not associated with BiggerPockets at all ) that claims to be able to take a total beginner with no knowledge in Real Estate to the point of making a successful house flip within ...
John Hodson
Using Proforma Calculators
Hi All!I'm new to buy and hold investing. I'm using a excel spreadsheet that has a conservative 10% vacancy reserve and 10% maintenance reserve every month. I've spoken with turnkey companies that say they use a much ...
Mike Shemp
Vacation property questions in the Outer Banks?
Hi All,My wife and I are looking to purchase a vacation rental property in the Outer Banks. This will be our very first rental property. I have read a lot of books on the subject, but had some specific questions abo...
Clayton Murray
Investing in New England?
I have moved around quite a bit, and always find myself back in New England. I am a young entrepreneur with family in New England and am very excited to start investing. As the reality of my first investment home gets...
Sean N.
Huge tax shock that came back to haunt me.
So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...