This is probably a bonehead question but I've been talking to some spec home builders and they are paying taxes on all profit from a spec home at personal capital gains tax rate. A heavy hit on a big project. I'm just...
Question?I have recently fired my property manager of two years. She was keeping late payment fees from our tenants and not doing the duties of a manager. I recently visited the home and witnessed the tenants HOUSE HA...
Hello everyone, I am new to the Bigger Pockets community and am planning on renting out a 3 bedroom condo in the Chicago area (my first!). It will likely be to students so my question is this: How do you set up a leas...
HeyI'm still very new to Hard money lending and I was wondering if anyone can explain to me exactly all the details of hard money lending, when and how to use it, and what is essential for me to know when using it.Any...
I'm under contract trying to purchase a duplex with a carriage home. I will be moving into the carriage home. It's an older house and it's currently fully occupied.I'm trying to get insurance for the property and it...
Dear BiggerPockets community,
My name is Dominik and I’m a software developer in my free time. Besides this, rather boring, pastime of writing code, I also happen to be extremely passionate about real estate, more s...
I'm look at a house that needed total rehab. Asking price $95k, ARV $120k, max arv $150k. The house is only on the market for a week, I want to come in with $45k offer, my realtor said it's too low and their realtor w...
Good afternoon, everyone. I'm a new RE agent in the KCMO. market, and was interested in making offers on properties to get potential wholesale deals through the MLS. Is there a limit on how many offers that I can mak...
Every project I’ve done has had different requirements and dependencies. Understanding the key phases helps me form a structure on how long it’s going to take so I can effectively manage the timeframe and communicate ...
Hello all,I am new to the BP community. My partner and I are looking to invest in a multi-family property in the Seattle area. We are currently searching and analyzing properties on the market.My question is regarding...