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Well I had the mindset on buying my first single family home and living in it with the intention of renting it out to tenants in the future. But after hearing the advice of the people here I have changed that mindset...
Hey BPI'm in the early education/planning phase of my REI journey, laying out a road map to financial freedom, and I'd really like your input.I am leaning heavily toward a focus on multi-family rentals and want to see...
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On a wholesale deal. $50k total sale, $11k profit. Double close process. 1099S form says $50k gross proceeds. Is wholesaler responsible for taxes on the whole 50k even though $11k was all they received???Or should thi...
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Hello
I’m a beginner wholesaler I have not made my first deal yet because . I need help with the steps to take basically I need help putting a system in place with the proper paperwork and key people. Can any one help?
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I currently own a duplex, incoming rent after management fees comes to $2256, mortgage is $1252. I obviously am setting a good portion of the cash flow aside for futureExpenses but how much should I be setting aside f...
Hi,Via a trust, I was given a choice to retain or sell two commercial properties one in Vancouver WA (multi tenant retail + freestanding bank building) and the other in Hillsboro OR (multi-tenant flex industrial).Give...
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New Investor here, in contract on my first rental property.
If I do not have any revenue related to the property in this fiscal year, can I still take all the legal deductions? Do I have to wait until I can show rev...
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Hi all, How do you guys feel about Real Estate Investing as compared to Ecommerce (e.g Amazon FBA)? For those who have experience with both, which are you more comfortable with? I'm interested in both but feel that Re...
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Hi, I'm Nathan Almond. I've been a member of Bigger Pockets for not quite two weeks now and decided that I just need to break the seal on the forum. I have no prior real estate investing experience, although I have ...
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Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...