Mitchell Maginnis
Is it possible to use the STR loophole to offset w-2 income if managing out of state?
Hi!I am an optometrist and am finishing up building a new build STR out of state. I will have a cleaning team do the day-to-day turnovers and will be using Guesty to assist in helping manage the property myself. I hav...
Jonathan Stevens
Legal Zoom for setting up an LLC
Wondering if anyone has tried or has any experience using legal zoom to set up an LLC? Did you find it convenient and useful or not? Is there another path I should travel?
Tarek Soliman
Leads for cashflow STR properties?
Looking to invest in out of state STR. realtors who got an existing STR portfolio and understand their market analysis and projections!
Katrina Dividina
Looking for Real Estate Bookeeper and CPA in New Mexico
Hi,I am looking for a RE CPA hopefully with bookkeeping service as well. I need to do cost segregation and someone who can explain to me how I can get as much tax deductions every year. I am doing my bookkeeping by my...
Serge Dulau
Finding a good deal in the least affordable city in the USA
Hi all, I am looking to buy a house to do a house hack in the next 3 months in Miami, FL. To find a property that would get anywhere close to breaking even on my mortgage payment, I would need to get a great deal. My ...
Tyheem Joiner
Short sale : appraisal value vs remaining debt
Hello bigger pockets patrons, I am new to real estate development and looking to possibly make a cash offer on a short sale. I am trying to wrap my head around the whole short sales process.I have heard some conflicti...
Timothy VanWingerden
Can I write off an expense if I’m paying friends to do the work?
I had some friends help demo a property and I paid them cash (around $1,000 total). Is this something I am able to write off? Would I need to issue a 1099 for this? Not sure how this works and would appreciate the adv...
Ron Steele
Seller Seconds on Commercial Financing
Are there certain price points that lenders tend to allow seller seconds. Or that investors are more sophisticated and understand seller seconds may be apart of the transaction.
I'm looking at something at ar...
Xiuyuan W.
What could be your financing strategy for net lease commercials?
I noticed that most of commercial lender would only provide a financing term that shorter than lease term for single tenant property, so owner will have to seek refinance/resell at a time when the initial lease would ...
Lucas Gunderson
Tax Lien Sales
Can someone give me some insight on this? I have researched on the web but not fully understanding how you can become the owner through this process. Sites are making it seem like you can purchase these homes for pe...