Hello Everyone! Looking for some help understanding all the tax implications of a CHFA loan. There is an IRS tax recapture if 3 things happen:1. I sell within 9 years2. Make over a certain salary at time of sale3. Pr...
Hi Bigger Pockets!I've been here for a while reading up and am excited to make my first post.A bit about me, I am 30 currently making a great salary in a W2 contract role that I will likely remain at through this year...
Hi All,
This is my first post as I just bought my first rental property and came across this fantastic site. Hope to stay engaged with others on this forum.
Some background - I just closed on a town house pro...
Micron Technology's decision to build a massive 1,400-acre semiconductor manufacturing plant in Clay, NY, a suburb of Syracuse, is poised to have a transformative effect on the local housing market. This project, know...
Just a question on how much to pay your project manager per property? or is it monthly base pay? Thank you.
I'm on-boarding my first hire this week, and I'll be starting her off on the phones as a cold-caller. If she does well, I hope to move her over to acquisitions. My question is this: Do any of you use employment agre...
hello all, I am an aspiring real estate investor and I have a few questions when starting out. I am currently in the process of eliminating all my debt (about 7000) and then resume my savings. I am aiming for a home b...
Hello all - I'm in a spot where I'm getting ready to pull the trigger on my first deal within the next 60-90 days if all goes to plan. I've been saving up for a long time and I'll be spending a good chunk of my savin...
We closed on this property November 19th and started work November 26th. We were able to finish this project in less than 45 days. Acquisition cost was 125K from wholesaler. Rehab is right at 30K and holding costs ...
My goal for next 12 months is to buy my first home and I'm looking at an FHA loan. I currently live in San Francisco, but would look all over the SF Bay area. I was just looking at the Zillow Mortgage Calculator, and ...