Alex Todd
REPS status scenario + underwriting paper losses
Hi all - my wife and I are planning on a April 2025 1031 exchange into a larger (for us at least...like 5-8 units) multifamily unit. An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k)...
Donald Green
Going to the next level
I am a real estate investor in Baltimore/Maryland. I have been investing for about 10 years. I currently have a portfolio of about 13 units. I am currently trying to grow my portfolio. I have been stuck for a while be...
Price Paramore
First deal (potentially) for a Self Directed IRA Portfolio
I have made it a goal to get into RE since Nov of 2017 when I came across BP and I have been steadily working towards it ever since. I live overseas so it has added some complexity and additional time to the process....
Kunal Sarin
BRRR Question on investment property
Hey guys - Looking to buy a property in the Chicagoland area. Nice 4 bedroom 2.5 bath with a full basement, attached 2 car garage. Looking to implement the BRRR strategy for this one. Based on my numbers (acquisition,...
Ravi Rai
Getting parents to cosign a lease in a college town
Hi Guys,
We have agreed on a purchase price for a two family house in a college rental area and if the inspections goes well we will be buying our first investment property. I wanted to know if any of you have parents...
Kim H.
Setback Violation
What are the potential pitfalls with a setback violation on an existing structure (with a documented setback exemption from the city) ? The current zoning and intended zoning are multi family and I don't see any r...
Howard C
Structured Seller Finance Sale: Deal or No Deal?
Hi all,
I'm new to the forum so I appreciate the kind welcome. I am currently in talks with an owner regarding a structured seller finance deal where the owner will agree to give me the rights to repair an...
Jean-Thierry Aleman
Tax Question: Better to pay tenant or give rent credit?
My tenant made a minor repair I approved of which was needed. Is it better from a tax perspective to pay him or give rent credit for work done? He has done the job already and did it well. I'm trying to decide if I ...
John Yanko
Chicagoland CPA
Looking for a CPA in the Chicagoland area, I live in the west suburbs, Downers Grove, Westmont area. Any references would be great, thank you!
John Whitridge
Local University Expansion
Hi Bigger Pockets! I am getting ready to close on a 3 unit multi-family home in Philadelphia less than 2 blocks from a local university. I recently spoke to my soon-to-be property manager who informed me that there ...