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Hi Guys! I am new to the Bigger Pockets Family. But I am in great distress seeing how much taxes are deducted from my W2 income. I need help with understanding how to reduce my taxable income strategically through s...
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Hi all, I want to start the conversation about common mistakes when doing a BRRRR. Here is my short list:
Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property a...
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Hey everyone, I just bought my first duplex and was wondering if I decide to overpay on my monthly mortgage payment, to save on interest paid over time, am I able to expense any of the over payment made against the in...
Connecticut has a 6 month redemption period for tax deed purchases.The Connecticut statute specifically provides for an insurable interest in favor of the tax deed purchaser to protect against fire and physical loss t...
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I live in an area where the average rent is $750. It's more of a rural area with a city center. Population is about 93k for the entire county. There are some homes that rent for $1200-1500 but the homes are valued aro...
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Is it normal to have a high appraisal cost for multi-family properties? We are being quoted $1250. Here is the explanation: “A complexity fee has been added to this order, resulting in a total invoice amount of $1250,...
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I'm setting things up to run with quickbooks for all of my accounting. I see there's an option to sync / download data from the bank for checking accounts, which could be quite valuable.
For this service, my ...
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I am trying to wholesale a bank owned property and this addendum has me confused ?
does this mean I cannot make more of an assignment fee than my earnest deposit? if that's the case I could only make $500 because that...
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Hi all. Looking to get some feedback. Is it unreasonable for me to request a breakdown of services and receipts from my property managers contractor when doing a repair. My PM had their contractor do a make ready afte...
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Landlords and property managers don't like the word mold and I totally get it as it can be quite costly if found at the wrong time. I've worked with a lot of property managers and landlords on mold remediation project...