Account Closed
How To Strip The Most Equity - My Dilemma
Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...
Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Joseph Torres
Indianapolis. Recommendations for first investment? (SFR vs Dplx)
Hello,My name is Joseph and I am a relatively new RE investor, I am enjoying reading BP forums and I intend to contribute also. I started my journey as a RE investor in 2017 with 2 SFR in Houston and 2 SFR in KC in 20...
Scott Dongjin Lee
I'm a newb! Please critique my plan!
Hello everyone! Just joined BP website a couple of days ago, thanks to my friend @Jesse Hodges. Just a short introduction of myself, I am an active duty military member currently serving overseas. I'll be back in the ...
Rich Weese
How about this idea for BP? Please give input.
I don't care whether you vote for this thread or not, but please give input. I've now been scammed by 2 members of BP, and know of others that have also been scammed. I've also received some suggestions from Vikram, ...
Justin Silverio
What is your best rebuttal?
When talking to a seller, what is your best rebuttal for "A real estate agent said that I could get $X for the home".
Assume $X is much higher than an investor would be willing to pay.
Karen Margrave
GOALS FOR THE NEW YEAR?
Seems like we were just answering this question. Time flies.
What are your goals for business in the coming new year?
What part has BP played in your business this past year?
I want to ...
Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
Mindy Jensen
How do you collect rent?
Hey hey hey BiggerPocketeers.I'm doing a bit of research for an article for the BiggerPockets Blog.How do you collect rent? Checks, Venmo, other software (please name names) or something else entirely?Please let me kn...
Tommy Nguyen
Hello from San Diego, California
Greeting fellow BPs.My name is Tommy Nguyen from San Diego, CA. Have been a long time lurker here but finally decided to post and participate.A little bit about myself. Currently working as an engineer in a biotech co...