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I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
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Hey everyone,I just finished my first flip and profited over $30k! It feels good to know that I can be confident in my numbers and rehab estimates. I was only a couple grand off, which I feel pretty good about. Did...
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Flipping or renovating as part of the BRRRR strategy is much harder than people think. There are so many posts every day about being stuck mid-renovation, out of money, or at a standstill because of decisions made tha...
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In many of the BP podcasts, articles, and blogs, the idea comes up frequently that people who really have major issues during donwturns or in RE investing in general are people who buy wrong (pretty clear I think), or...
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I have a single family home that I'm asking $1100 a month lease.
Security Deposit is $1100, plus $250 Cleaning fee (Non Refundable) and $250 per fee (Non Refundable). He has two cats and Fiancee is also a PhD stu...
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During Covid-19...everyone has been affected one way or another. Who out there is withdrawing 100k per person (married) and buying real-estate? My wife and I already have a nice portfolio, this could get me out of C...
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Hello everyone,First of all, I am new to BP and I enjoy reading people's posts. So here is my dilemma. I am selling a couple of my rental properties in San Diego, CA and would like to do a 1031 exchange on a multi-fa...
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Hi all –I'm going to start posting here pretty frequently and start a member blog here on BiggerPockets and I want to know what you want to know about starting or growign your business.What is it that scares you? It ...
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Hi BP community!
I purchased a house in metro Detroit, MI area that was unoccupied.
The house rented in May and now it's July and and the tenants are complaining that the AC doesn't cool the house enough. At first ...