Roman M.
Roth IRA first or down payment directly when purchasing?
Hi everyone, I am purchasing a triplex and I will be living in one of the units for a while, my question is should I put the 53k in a Roth IRA first and then use it as a down payment for my property or just write the ...
Matthew Ewald
Writing tools off on my taxes?
What's up Bigger Pockets?Just a quick question for you. I am doing my first fix and flip investment and I'm doing the rehab myself. Can I write the tools that I buy to use in my business off on my taxes?Thanks in adva...
Robert Johnston
Security Deposit Timeliness Issue
Good Evening All. I'll keep this short and sweet. My tenants' lease was due to end on June 30, 2019. They vacated the property early, 3/16/19, to which I agree. I knew the house was in need of extensive cleaning a...
Spencer Joseph
How Important is Cap Rate in the equation
Hi BP community, I am new to the BP forums but have been an active listener to the podcasts for a while. Have been spending the last few months sharpening my knowledge and skills to best arm myself for when I pull the...
Jay Peterson
HELP! Offer for Vacant Daycare Building
Hi BP! I'm looking to purchase my very first commercial property. (Yikes!) It is an old daycare building that hasn't been in about 10 years. The broker says the owner is willing to owner finance. The price is $250k fo...
S Cian
Advice Needed winterization mess up
Hey guys,
I just bought my first house back in January. Problem is that when the appraiser for the mortgage company went out to the house to do his thing he turned the water on to verify everything worked and no one ...
Roshan T.
Setting Up Rental Property as an LLC
Hi BP community,Rookie here looking to learn how to set up the "business" of rental properties. - Incorporating an LLC,- Opening a bank account for LLC- Establishing accounting book- Working with CPA's, attorneys, etc...
Alex Henriksen
Newbie getting curious about Bird Dogging
Can some one give me some direction on how to start Bird Dogging. How do you make money doing it and how do you make sure you actually get paid for your work?
Derek Rocco
First deal/ first loan
Hi, all.
My wife and I are in the research phrase of making our first deal. The deal would be for a duplex in a college down with 3 units. Comparable comps rent for $700 a unit. The duplex is 50k
My question though ...
Stefan Knipp
Should I create an LLC?
Hi Everyone,
I just closed on my first SFR and already have it rented out. As I continue to expand with additional purchases in the next year, I am curious about what your opinion is on the formation of an LLC.
The...