I recently wrote about my experience with closing a Fannie Mae Homestyle loan and going through the vetting process for general contractors. Fast forward sixty days, and I wanted to provide some insight into renovatio...
I'm a 25yr old investor looking to know more about the DIY renovation side of investing. I want to develop my current handyman abilities, and ultimately be able to walk into a house and roughly estimate all the repair...
I'm a real estate agent in Georgia. In the last few weeks, I've had 2 potential buyers, both with steady income, denied mortgage financing due to them reporting business losses on their tax returns. After deducting lo...
Hi everybody!I'm a newbie investor, just bought my first rental in February. I am now dreaming and scheming about my next property. here are my questions....My primary residence would make a great rental property. ...
Hello BP! I am new and hope I am posting this in the correct area. I found a 7 unit hip pocket deal. It is in a really great area but needs work. Price is 275k and units will rent for $1000 with some TLC. So the cash ...
The Bigger Pockets buy & hold analysis calculator does not take into account the tax benefit of long term ownership, which is substantial.
When presenting the analysis to someone not aware of tax benefits, that ...
I have seen a dramatic increase in the number of audits of both state and federal agencies around the use of contractors. Be aware that it is not uncommon for the IRS to pick returns that are three years old to audit...
My wife and I are looking for our first BRRRR deal right now and we are planning to partner with my parents as our "private investors." We are looking to submit an all cash offer tomorrow, but we are unsure how to nav...
From what I can gather an equity waterfall applies after the property is sold? LP gets their initial investment and preferred return. Then the GP gets a catch up of say 20%. Then the LP-GP split is 80/20. What if I do...
Hi fellow investors....I've been flipping houses for 17 years by building a great team of professionals (realtors, contractors, attorneys, etc); however, I recently relocated across the country and am now considering...