Account Closed
New from the Hampton Roads, VA area... well kinda. BP members from other locations, I would love your input as well.
Hello BP. My name is Darryl P’ford from Hampton Roads, VA. I’ve been watching the forums in the background for quite a while now and decided to join / share my introduction to RE. So please if you have any incite, ...
Jonah Kubath
Cash out Refi on Current Home for Investment Property
I want to buy my first rental property. I decided to call a CPA in the Washington DC area and he informed me that cannot claim the deductions on mortgage interest when you do a cash out refi. He also said that the m...
Oscar Cardenas
House hacking important info
Hello Biggerpockets.
Its The People's Agent here to give more useful info since I am always learning new techniques working with investor clients and doing investments myself in Oregon.
This post is about deciding w...
Rebecca Graziano
Sub2 or Finance an investment?
Hello folks!I got a lead on potential sub2 situation that is an older couple with a house worth about $325k ARV. They have $100k HELOC and have shared with me they are concerned about retirement, just want to move to ...
John Liaaz
Why do bigger multifamily buildings use third party management?
I notice a lot of large apartment buildings in my area (Toronto) are being managed by third party property management companies. Why would a company that owns a building like this decide to outsource management instea...
Christopher R.
Tax Implication of a Management Fee
Hi All,My CPA is questioning whether a Management Fee that I am claiming deduction on is appropriate if I am not acquiring these services from someone else. IE, I'm setting aside 10% of total rent as a management fee...
Arran Cooper
New Investor Introduction - Washington, D.C.
Hello all,
My name is Arran Cooper and I'm a new real estate investor based out of Washington, D.C. I've been a commercial mortgage broker going on 5 years now and, after working on financing numerous commercial rea...
Keith Sagun
Certificate vs License
What’s the difference between having a certificate in real estate vs having a license ? I was planning to get my certificate first and then the license eventually, but is it even worth to go for certificate first ? Or...
Jeff Hobbs
Cost Segregation & the TCJA 2017
Almost all taxpayers are impacted in some way by the new tax law introduced as the Tax Cuts and Jobs Act of 2017 (TCJA). Individuals, LLCs, LLPs, LPs, and corporate entities alike now seek to identify key and relevant...
Alexander L Gulledge
What to look for when acquiring new property in this market?
Hi All,So I've learned a lot in my REI journey and met some great folks here on BP. I've got capital and I'm actively looking for a new property to ultimately hold as a long-term rental. I'm a big fan of buy and hold ...