Mike B.
I converted a planned flip to a rental late 2014, tax consequenses?
Hi All,First off, I will consult my tax professional before doing anything. I am looking for the 10,000 foot summary to get my mind around what I will be looking at when its time to tackle this.I bought a fix and fli...
Andy Rousch
Just Applied for my first HELOC to put towards BRRRR
As I have been living in my first property which is a live in flip I have built a good amount of equity. Just applied for my first HELOC so I can hopefully purchase my first rental property. I live in NJ and have been...
Account Closed
How would I go about getting a partner?
I've been finding deals first, then trying to find buyers. I haven't been too successful that way, only wholesaling two times. I'd like to buy and hold for cash flow. Both SFR and Multifamily. I continue to educate my...
James Austin
Hard Money Loans for Wholesale Ventures
Good morning all, I just had a quick question this morning so I figured I would ask. Has anyone used hard money loans to secure and sell a wholesale deal? Or would this be illegal or maybe even a who...
Kim Forgione
basic BRRRR Refi question
I have a very basic question. Sorry if it's obvious but I want to make sure I'm getting this. Say using the 70% rule, you buy a property for 60,000 and spend 10,000 for repairs. And the ARV is 100,000. Assume you put ...
Ernie Sturzinger
First Time Investor Question!
Hey Bigger Pockets Forum People! My name is Ernie and I am a first time investor. I have been a Bigger Pockets Pro Member for a few months now and am really trying to be cautious while trying to make my first deal wit...
Evan Steadman
5-plex buying guidance
Hi all. I am a newbie from West Virginia and have found a multifamily that I think would be worth buying, but I am not really sure what questions to ask the seller and what actions to take prior to purchase that would...
Cory Mccarthy
Establishing ARV's in rural areas w/ limited comps
Looking at a particularly promising property in an area that has not had a lot of recent sales in immediate neighborhood as it is in a smaller town or area that is a little more rural. A local real estate agent with ...
Christos Philippou
Small Wins Count - Forward Progress With Leads
The small wins in real estate certainly need to be celebrated, especially with new investors and real estate professionals.I purchased my primary residence on a nice "quieter" street in the city about 2 months ago and...
Jake C.
Recommended max distance for a self managed rental?
I'm trying to find my first property, buy and hold / rental. What is the maximum distance / time you would recommend my search be contained to?
As a related question, if I bought a duplex, am I on the hook for lands...