John Kwon
BRRR cashout questions (tax related)
So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
Scott Benson
Expense calculations - relation to CoCROI
As a new real estate investor, I am working through the deal analysis exercise while I grow my purchase funds. Welcome some feedback on estimates for repairs and Cap Ex #'s. As a first time investor, leaning toward ~8...
Matthew Greco
Two bill paying related questions
Good morning BP,Just got done listening to podcast #200, was recommended for a noob like myself. The talk about getting you life in order before making a deal, struck a cork with me.So I have a $6k credit card bill at...
Derek G.
Points & Miles (Travel Related)
Hi All!I love to travel. Europe, Middle-East, Asia, tropics you name it. I fly quite frequently either for work or for leisure. I traveled for many years and didn't utilize the advantages of miles and points programs....
James Winkler
Relatively New to RE investment
Hello from Northern Virginia (and the nation’s capitol).my primary interest is in flipping, and rentals (single family and multi-unit). currently working with a class a builder looking to network with others in real e...
Marlene D.
buying property from a relative
Hi All.
This is our first post. We've been enjoying the discussion on various topics and learning a lot about investing. And now we're in need of some advice. Does anyone have a suggestion on how to creativel...
Daniel Kramer
Summary of Tax Related Podcasts
I am not a CPA nor do I pretend to be one on TV. Everyone should A) get professional advice from your respective CPA and B) get the new book by Amanda Han & Matthew MacFarland - https://get.biggerpockets.com/taxbo...
Veronica Correa
Alabama squatters related to buyer
My dad wants to buy my maternal grandmother’s house in Alabama. She passed and the relatives (related to me and not him) who live there are cannot or will not pay the remainder. He plans to buy it outright and put my ...
Huiping S.
Mold inspection related tenants issue
One our single family home tenants (two late 30s woman as roommates) are fine during past year: never late pay although lots maintenance requirements, such as gas log stopped to work from their cat hair, and their doo...
Michael P.
Couple Owner Finance Related Questions
I have a couple questions hopefully someone on here can answer one or both.
1. I recently sold a house that had a first and a second note I made to the buyer. The second was due and she paid off the principal howev...