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I have an unusual situation and am hoping for some advice from someone who has some experience or knowledge of how to handle the situation. I am scheduled to close on a duplex on Friday, May 14th. Both tenants decid...
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Please Help. Going insane. We leased out our Home in Boca Florida, for $8k a month plus a month, on a two-year lease. The first week or two, the refrigerator started leaking. This is a $12,000 built in 48 inch refrige...
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Hello everyone! I’ve been very quiet on BP over the last couple of years because I’ve been focused on saving money for the purpose of REI. I would like to start off by saying I apologize if this question has been answ...
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I have really been marinating on Brandon’s LAPS acronym (Leads, Analysis, Proposals, Success) and trying to think about where the bottleneck is in my business. I have recently been wondering if my bottleneck has been...
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I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...
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Hey thanks in Advanced for anyone that can help us out here..So we are talking directly to a seller who is open to selling her 4plex in Ohio at a price of $150k.. Section 8 approved.2 units are occupied1 unit is vacan...
I have two large dogs, who are both registered Emotional Support Animals through my doctor. They genuinely help me with my anxiety and depression, I have struggled with these issues since I was 11. I don’t know what I...
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Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
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Hi Guys,My question is about ownership and the transferability of ownership interests with limited partners (investors) in a multifamily property deal. How do you guys address the sale or transfer of partnership inter...
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Hello Biggerpockets! Long time lurker, first time poster here from Southern California. Like many others, I've been binge-watching the podcasts and reading many of the blog posts here on this site.I am pretty much a c...