Mike M.
Purchasing property under a defaulted lease option?
My questions here are general in nature as this potential deal hasn't progressed far enough for me to pull additional information. Part of my asking is to gather some help in determining if I should take that next...
Rodney Miller
SDIRA lending- How much is too much?
I know that the IRS frowns on running flipping businesses out of your SDIRA. How is private lending viewed by the IRS? Is there a point to where you are considered a Lending business and become subject to UBIT?
Nicole Sternad
1031 options- DST's- yay or neigh?
We are about to sell a property with a net of approx 1M. I'd love to hear more experienced investor's thoughts on diversifying and reinvesting this. Background: My husband is very close to retirement (maybe 2-3 yrs?) ...
Whitney D.
New from Augusta Ga
I found bigger pockets a while ago while trying to get some assistance with utilities on a rental then started looking around and saw what a great resource this site could be.I am a little bit of a house flipper by na...
Steve Miller
Valuations based on actual vs projected rents
I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...
Chelsie Hall
First Year Rental - Cost Segregation
I hear that I should utilize cost segregation to calculate my depreciation in this first year of renting, but every calculator I find starts with the question "How much did you pay for the house?". I bought a new hous...
Ondrej Brown
Using Roth IRA to buy property ?
Can you use your Roth IRA to buy your first rental property? I was curious, I been putting a lot of money into my Roth but also saving extra funds on the side for strictly Real Estate . Please comment below some strat...
Ray Shem
Possible First Deal - Fannie Mae Foreclosure with Hompath Mortgage
I'm looking at the following Fannie Mae foreclosure:
3 BR/1.5 BA
Decent Working-Class Neighborhood
Price: $52,900 (asking)
Rehab: $2,500-$3,000 (nothing major, but needs fridge and dishwasher)
Potential Rental Income...
Gary Dezoysa
How would you deal with the money bottleneck if you were overseas?
Hi Everyone, I finally have close to enough money to begin investing in properties. When I was in the US the plan was clear, I'd start with my own money for the down payment on the first house, build up my reputation,...
Kristin Cooper
Investing during Covid
I am a relatively new investor with just a few properties under my belt. I live in Northern CA and have had success investing here, however I am finding that there are much better deals to be had elsewhere and then C...