Hi Bigger Pockets! I am an agent, and working with buyers seeking rental investment properties to buy and hold. So much of my market, Vero Beach Florida is starter homes to buy around $250k to rent around $1700/month ...
I have funds sitting in my company sponsored 401K plan; however, I would like to transfer the funds over to a Solo 401K to invest in RE. From watching Youtube, one of the requirements of opening a Solo 401K is that yo...
I just had the privilege of going through my first tax audit and fortunately came out with a no change. However, I wanted to take a second to remind any investors who are still gainfully employed, and self manage thei...
My partner and i have just combined companies. I have oil and gas wells and my partner has some real estate properties. We are already off to a great start using our lines of credit to purchase our first single family...
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...
Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...
I've run into some confusion at the last moment with my 1031 exchange and was hoping to get lucky and catch someone who knows the right answer.In short, I've got a settlement statement for an occupied multifamily prop...
I have a question….have anyone ever signed up for the Jerry Norton 10k challenge? If so is it legit ?,and Did you do a deal with him?
First pass at something like this. Is it legitimate? What are the pros and cons ? I've read online that the payee should be on the lease as well. Red flags ? This is in Michigan if that makes a difference.
Rent is 6...
I'm currently looking at a 1 bd 1 ba 524 sq ft. It needs a little TLC but given the size of the house I can't imagine it being more than $20,000 in repairs. I plan on renting the property after the rehab. The purchase...