Peter Morgan
Redeploying 500k equity vs Low 500k mortgage rate
Hello,Since both refinancing and HELOC are both expensive at this time. What would you advise to someone who has 500k equity (post taxes and fees) and 500k with a low interest rate of 2.5?Is it possible to redeploy 50...
Account Closed
First investment property- advice needed!
Hi everyone,
I'm new to the site, and I'm analyzing my first deal. It's a 3 unit with great cash flow. It will bring in $32K per year after expenses. There are 2 issues 1) it has knob and tube wiring that needs repl...
Michael Gayer Jr
Just started an LLC, can I change tax election? (Disregard to S)
Aloha Investors,I have a Tax Question ...I just started an LLC on November 16. Can I change tax election? Change from Disregarded to S-Corp. I haven't done any transactions yet. Thank you in advance,Mike
Carissa H.
Should I start in property management or obtain my real estate license?
Hello,My name is Carissa Hendricks and I am so grateful to have found this community! I am finishing up How to Invest in Real Estate by Joshua Dorkin/Brandon Turner and would like to take another action step. My husba...
Jarrod Ochsenbein
My 4th rental property is now under contract
I don't post a ton on here, but wanted to start posting more in an effort to share, network and learn. I started investing a little over a year ago and have earned almost $160k gross so far with 3 Padsplits.
Nex...
Charlie MacPherson
Making a decision on a Maine brokerage. Any Mainers here?
I just passed my Maine Associate Broker's exam yesterday as my wife and I are relocating to Maine later this year. Not sure where, but most likely somewhere between Freeport and Boothbay. As I understand it, east o...
Kyle Buyers
Newbie from SF Bay Area / Silicon Valley, CA - Kyle Buyers
Hello Everyone,I found BP a few weeks ago and have been voraciously reading and listening as much as I can since. I’m hoping to (1) introduce myself, and (2) get some guidance/wisdom on my current situation.First off,...
William Ware
Cash vs Financed
Just wondering the pros and cons of each. Currently I've purchased all my deals (buy and hold) with cash..but was wondering if I may be missing out.
Jared Comeau
Appreciation tax break on rental properties
Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...
Craig Gerulski
STR Sites for Weekday Bookings
Hello Bigger Pockets fam! I was curious how you try and fill/occupy your weekdays. I am currently just on Airbnb and have no issue getting the weekends booked for good rates but I wanted to see if I could maximize t...