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Results (293)
John K. broken furnance: depreciation vs repairs
12 February 2014 | 18 replies

So I received a call in the middle of the night a few months back, and the furnace was out and it was -20 outside so a true panic call. I had to replace the draft motor in it, for about $1200 (middle of the night ...

Michael Baradell What's your cash flow goal?
29 May 2019 | 86 replies

Hey BP!After all expenses are subtracted, what's it the minimum cash flow you shoot for on a single family home?

Avery Goodman Tax implications of failed 1031
10 April 2018 | 7 replies

I initiated a 1031 on October 18, 2017 (a flip I owned for 4 months), and now realize it may fail.  However, I've already filed a 2017 return.  Will the sale be recognized by the IRS as a short-term capital gain in 20...

Rhett Dantzler Benefits of a real estate license
21 February 2016 | 12 replies

What are some of the benefits of getting a real estate license? Ive have done some research and understand that I would be able to see the mls as soon as they come out.  Is this the only benefit to getting it?  

Joshua Dorkin Thanks to Our Newest BiggerPockets Donor: Mike V.
9 November 2009 | 4 replies

I wanted to thank Mike V. for his $25 contribution to BiggerPockets today.

Thanks for your support, Mike! It means a lot to me and of course, helps us to maintain and improve the site. All contributions go towards ...

Stan K. Looking for a lawyer and an accountant in SF
30 November 2016 | 10 replies

Can someone recommend a lawyer and/or an accountant in SF?

Mike Nicholson Install HVAC in rental and be broke or NO?
10 February 2018 | 32 replies

Hello!  In need of some advice and I know you guys can help me.  I am a small time landlord in South Carolina, currently only 3 rental homes.  I have an older, 1200 sq ft rental home (1940) I have rehabbed and turned ...

Shawn Rana Repair or Replace? (furnace)
10 August 2009 | 21 replies

Hi everyone,

I created an account on here about two years ago, forgot about it, then started meandering around the forums again a week or so ago since I bought my first property.

Anyways, I recently bought an REO co...

Avery Goodman LLC as Rental Property Owner AND Manager
18 July 2018 | 14 replies

Hey all, currently own four Florida rental properties (one triplex and three SFHs).  I created a sole-member LLC to own and manage the triplex, and then created a second LLC to own two of the SFHs.  The last SFH deed ...

Grey Goodman Typical Buy Formula in Florida
10 January 2023 | 10 replies

Hi team. I am currently looking to wholesale/flip in Fl. I am being outbid on all deals as I am offering 70% of ARV less repairs. Do investors in Fl have a different buy formula ie 75%, 80% of ARV? I have encountered ...