Matthew A Kelly
Small Landlord Exemption Question
I wanted to run this by the board and see if I understand it correctly. I am married filing jointly and our MAGI is below $100K, or just above it, after 401K contributions. We own a condo that collects $36,600 in re...
Chad Putney
Seller Financing ? First time investors
Good evening! I’m writing with a seller financing question in hopes to gain some insight from some investors that have gone this route with previous deals. I, together with two other new investors, are in the infant s...
Michael Lesavoy
Planned community development?
So I recently assembled what many consider the best land in southern Colorado located in the Pueblo Colorado area. The property that I have assembled is approximately 700 acres surrounded by homes ranging from $400k t...
Alex Babayev
Are Drones Worth It?
Some of you might be thinking, “Is it really worth it for me to pay someone to take aerial photos and video of my listing?” Let’s look at some numbers. Let’s keep things simple and assume the price of the average h...
Johanna Fast
SBA disaster mortgage purchase
I paid taxes on relative's abandoned home for last seven years and did approximately $15000 in repairs. My son moved in approximately 2 and 1/2 years ago. We live in Louisiana and squatter's rights and adverse possess...
Stephen Wiater
NEED ADVICE!! Closing on First property
Hi All, I am getting ready to buy my first property I just wanted to make sure I have the right understanding on exactly how closing works... I Have a have a few questions..1. How long will the closing take?2. How muc...
Aaron Scott
Do I have time?
I've found a potential deal that I may be able to buy before it goes to the courthouse steps for sale. It is scheduled to go on August 8. Is there even enough time to get a deal done with the current resident, before ...
David Johansen
Thank you Bigger Pockets
This overdue but I wanted to thank the Bigger Pockets community for all of the answers to questions that I received and have since been able to start acting on. Last July I was able to rent out my home and purchase an...
Richard Lawson
Is it wise to use a 1031 exchange?
Currently we have a long term renter which pulls about $500 per month after expenses. It has an open HELOC on it with $132,000 owed. Market value is approximately $315,000 to $330,000.
Our thoughts are to sell the r...
Blain Thomas
Money to Help Purchase My First Multifamily Property
Hello all,My girlfriend and I are slowly but surely saving up to purchase our first multifamily property next year. My NACA councilor said I need approximately 26k to move forward. We've got some saved up now. I like ...