Hello, I have a buyer interested in my property that I have had for almost 2 year that is not cash flowing and I am losing money on ($200-300/month easy). The current equity in the property is around ~$70k and I have ...
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
Hello All,I made a decision to enter real estate investing world. I have been reading blogs, listening to podcasts and have read few books on real estate investing. I want to start out with flipping houses and then w...
Hey Guys,
Four years ago a colleague of mine introduced me to the bigger pockets podcast and I have been an avid listener since then. Last year, a few months after purchasing my primary residence, I took the leap and...
Hey everyone!
I'm looking to try direct mail and I was curious if I could get some honest criticism on the content of my letters. When I have listened to the podcast and looked around on the forum it seemed like most...
Hey BP Fam,
I just started mentoring folks interested in real estate investing and could use some advice. I’ve got two mentees right now. One of them is absolutely crushing it—she’s always hunting for leads, making c...
So I purchased my first home as an investment short term rental near Disneyland in Anaheim CA. I've owned the property for 2 years and now the city has changed the laws and no longer allows short term rentals. The nei...
Does ceiling fans/ light combo increase the rent rate or not?I just purchased a house that had nice lighting in the bedrooms, but was not ceiling fans. I know ceiling fans are just something extra for tennis to break,...
There are pros and cons to self-management. Some landlords are very successful. Some lose their shirts, destroy their health, and even ruin relationships. Most land somewhere in the middle.If you have experience as a ...
So after a 2 year drought from BP I finally got my act together and really started to get my mind and personal financial affairs in order. I will be debt free at the end of January. I have already 2 months of an eme...