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Now this is the story all about howOur flip got turned all upside downAnd we'd like to take a minute just sit right thereWe'll tell you how we lost $60k on a $1.25M flip-turned-new-construction that took 2.5 yearsOur ...
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Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...
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Hi fellow BP members, My husband and I are new to REI. For our first deal, we decided to focus on a 2-4 unit small residential property in Phoenix AZ, Orlando/Jacksonville FL, or Raleigh NC. Being a mom with a full-t...
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Hey all, first real post here.I have been looking at units with my broker and trying to analyse every property I can get specs on. The majority of them look similar to the following:Number of doors: 2Total Rent per mo...
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I'm trying to figure out where to begin in real estate investing if I already have a mortgage to pay.
I teach full time and have a part time business to help pay my bills. The house has about 100K in equity
and I r...
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Hi, new to BP and love what I'm seeing so far! I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...
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Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...
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Hello all,
I spent my summer in Medellin, Colombia. At this very moment, I am hanging out in sunny Guayaquil, Ecuador. I have a passion for Latin American culture and love to speak Spanish and visit Central / South A...
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Hi All, I'm a 27 year old Software Engineer living in Seattle, and am looking to begin my real estate investment journey after listening to the Bigger Pockets podcast!
My goal is to gain cash flow that can eventually...
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WE're about to sell 1.4M in RE consisting of our 4 buildings totaling 22 units. Scary! They're our "final four" and paid off, giving us 6 figures in cash flow but we're 56 and want to move onto next stage. Turning the...