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Results (10000)
Chris Logan Looking for some Clarification.
30 January 2024 | 5 replies

My wife & I own an Air B&B, and run it as an LLC in a non-communal property state. I just want to make sure we are doing this right. My understanding is we need to file a 1065 to generate K-1s. If we plan on f...

Sergio A. 26 year old w/ $250k cash - NEED INVESTMENT ADVICE
3 June 2021 | 17 replies

I'm 26 years old and my goal in life has always been to retire early and travel the world at a young age. I've worked extremely hard the past few years and I've been able to accumulate/save $250k in cash. 
I would lo...

Grant H. Went under contract based off of false info
1 May 2019 | 15 replies

To start, I’m attempting to purchase my first multi family property. I found a duplex that was listed for $250k. The market has been extremely competitive in my city so I acted fast and offered $255k which the seller ...

Norman Ashworth Real Estate Income
13 March 2010 | 17 replies

HI,

My wife and I will be locating to SW FL in the near future and was wondering about real estate income.

We will need income , now & latter so we are looking into duplex's, tri-plex, etc. for a income going ...

Mike Girard Philly investor, 200,000+ in liquid assets, can't get a mortgage
6 March 2015 | 7 replies

This has doubtlessly been covered all over the place, but most of the posts I've read on alternative financing apply to different situations than mine. Though my credit rating is good, I don't meet the income requirem...

Adam Scheetz Starting With The End in Mind.
8 June 2018 | 12 replies

Greetings All,

My name is Adam Scheetz and I'm new to BP. I decided to include my Real Estate plan for public critique. Enjoy and Thank You.

Mission Statement: I'm 30 years old and have been Active-Duty Military for...

Charles David CAP Rate calculation
10 February 2016 | 19 replies

Can you guys and gals help me check out my CAP rate calculation and tell me if there is any thing I have forgotten?

Cap Rate is Net Operating Income divided by Property Cost or Value.

Net Operating Income=
+Revenu...

Parth Patel Tax Benefits of House Hacking
8 February 2022 | 10 replies

Hello guys,While I've listened to many bigger pockets podcasts, I'm new to the community and this is my first post. At 30 years old and after a long educational journey to become a doctor, I'm finally at the point in ...

Mike Curry New From Central Illinois
25 June 2015 | 9 replies

Hello BP!My name is Mike and I am new here. I am a 28 year old from Peoria Illinois. I got into real estate a few years ago after messing, or should I say guessing, around with stocks. It was not for me, but it did ge...

Michael L. Knowledgeable Vs Less Knowledgeable CPA's (where to draw the line?)
6 August 2023 | 10 replies

I ask my CPA if they have a strategy for cost segregation, their reply was no. I asked if they have a strategy for step down depreciation, their reply was no. As a r/e investor would it be better to find a CPA who's a...