My tax guy is good, so he shows my rentals as taking losses with depreciation etc and as a result when I go to get more loans, I cannot count my rental income.  Since banks will look at my mortgages but cannot count a...

They have two expensive/alligator houses bought at the peak about 6 years ago. The owners are independently wealthy and thus are not concerned about their 800+ FICO scores going away. All loans are purchase money no...

Hello BP Community, I have been saving up money for my first investment property. But with what I have saved so far, I would only have enough for a downpayment. No reserves, no cap ex, or saving for repairs. Can anyon...

I have a friend (we'll call him Joe) who is considering doing a strategic default on his home.

Although it's a struggle, he makes enough to pay his mortgage. But his house has gone down considerably in value and he o...

As a real estate investor, it is common to get criticized for investing in real estate versus putting every penny in the stock market (especially from financial planners who want that trade commission/fee). Below is a...

Many people can become financially secure with a high paying job and good financial literacy, but it is very difficult to become financially free without leveraging systems through business ownership. I don’t mean liv...

At some stage in 2021 (depending on my tenants) I will be looking to do a 1031 exchange into a property portfolio.I will need a 1031 Qualified Intermediary and a Portfolio Lender to finance the deal. I have some quest...

Hello BiggerPockets Family,Whether you are a smaller (or larger) property management company, a self-managing multifamily developer, or a sponsor/syndicator - Property Accounting can oftentimes become a significant co...

Hi all! I am new here and so far learning a lot! After a profitable sale of my primary home (pure luck, bought a NYC condo in 2011 and prices went up crazy since then) I am now trying to come up with my own 10-year pl...

Did you acquire residential or other investment property in Santa Cruz County prior to July 1st, 2023, and are now contemplating selling it? It is essential to familiarize yourself with the new septic system ordinance...