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Hello!We were just hit with, what I feel is, an exorbitant tax prep bill of $1850. It's a new LLC with just one NNN rental income source. This cost equals 5.5% of our gross income for the year (nearly 2/3rds of one m...
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First I would like to thank all the people that sent me suggestions on how to improve the original checklist. Second, I just find it very satisfying that people want to use the tools I make and I love collaborating, w...
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I need help updating the rental rate on three commercial properties that I own. The buildings are special use and unique and there is a lot of history with them so let me explain. Then I'll share my numbers. I sold my...
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Hi, Bigger Pockets! Very happy to discover this site. I've been learning a lot reading through the forms and listening to the podcasts. I'm excited to take my REI game to the next level.Some background on me:-Have bee...
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I'm currently putting a plan together to get myself into multi family investing. I've picked two areas here in Memphis close to desirable schools. I can find duplexes, triplexes, and fourplex in both of these areas. M...
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Hi Everyone!I have been doing a lot of research on Tampa and I was wondering if anyone has any experience with rental properties in Tampa. I know that the vacancy rate is pretty high at 3%. Has anyone had any trouble ...
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Hello Bigger Pockets!I am a relatively new investor. I live in Central MA and am looking for a new property(s) to buy and hold in CT. My target tenants are young professionals. I'm not too familiar with the markets y...
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I am reading that the mortgage deduction is going to be for loans up to 750k on new deals for primary residency....., how about for rental properties? is that any different? is this capped to 750k total or is it per...
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Hello BP Family,I was hoping to get your opinion please on a potential deal I am thinking of pulling the trigger on. Any college town Philadelphia investors out there?So this is a 3 unit prop near a University in Phil...
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I am getting ready to close on my first rental this week in the Cleveland area. I have run the numbers and it makes sense for my goals. I have been using the BP calculator using real numbers and rules of thumb. The co...