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I met with a seller that wants to get rid of her property but from the sound of it she wants close to market price because couple wholesalers tried to give her a price and did not budge. The condition of the house is ...
Hi All! My Husband & I are in search of our 1st STR cabin (2/2) in the Blue Ridge area. We started off with the Smokies and soon realized that it’s way too expensive for our budget and so moved to Blue Ridge. We d...
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Earlier today, I visited with a woman from Charlotte who owns a cabin in Pigeon Forge. She bought her cabin in a bidding war in early June. I haven't posted a blog entry in a while, but I suspect this theme is going...
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Hello I am an investor/contractor with a ton of rehab and flip experience throughout florida. I am now finally entering the greater Jacksonville area (have just about done work in all the other major population center...
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Hey biggerpockets fam I am having issues with financing and wanted to see if anyone had tips!I bought 2 properties about 16 months ago, did repairs on them so on my 2021 tax returns my real estate shows a loss, with b...
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I am in the process of closing on a house, closing date is 2 weeks from now. However, the appraisal the lender ordered came back $17k lower than the asking price. At this point what is the most logic next step? I don’...
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When buying retail multi tenant properties, how much should we budget for vacancy to deduct against the income when calculating the cap rate? (I hope I was clear in describing what's in my mind)
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I am in the middle of a Live-in flip (purchased in October of 2019).My original plan was to wait 2 years to avoid capital gains taxes. I am just worried that we are in a bubble and I want to capitalize before it pops...
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I have been working on some pretty intense policies and procedures for the way I run my business. The goal is to be able to hand it over to anyone and be able to do it. I'm doing it all web based (google sites) supp...
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i opened my corp in July and wasn't able to take a wage as the corp made like 6-8k can i just take a distribution, what would you recommend i do?