Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Hello all,
This is my first post on biggerpockets, nice to (e)meet you all! I'm excited to have finally found an online forum with such a vast collective knowledge. The purpose of this post is to gather as many...
Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
Looking to buy my first STR and having trouble finding one that projects to make a COC return worth investing in. The high sale prices and subsequent mortgage payments kill the net profits. Raising the rental rate w...
Hello!
I am potting this out there to see if anyone has had a similar experience or has any advice!
I am 26 and I have a mountain of student loan debt (230,000 ) Yikes! I currently live at home, and have been lear...
Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
PSA: Vegas rents have spiked significantly the last 2-3 months due to high rental demand, low supply and institutional investors heavily investing in our market. The institutional investors have been listing homes for...
Hi All, Been quiet on the forums as we added 2 new properties to our portfolio this year!As time moves on and people are stepping up their design game (As an STR Designer this makes me SOOOO darn happy!), we have foun...
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...