“The Journey is as important as the destination” Keep in mind that real estate is a process that typically does not produce immediate cause and effect outcomes like many things in life. You don’t start to be successf...
I have been thinking about Real Estate in general and how Covid is going to have a long-term effect. I am more and more convinced that we are going to see serious urban flight. I think the appeal of living in urban en...
Hello!Has anyone ever invested in land to develop slowly over time? An opportunity has presented itself in my area where I can buy a large piece of land for 100K that is zones "no restrictions". This property is in a ...
This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...
Hypothetical: Out-of-town owner has a 3-apartment rental house. Owner's in-town elderly parent requires care so owner moves into 1 of the units to care for the parent. Does this trigger a taxable event by violating th...
Greetings all,
Newer investor here (own one duplex with good equity) moving toward buying a second multi-family, likely via 5% loan, cash-out refi, or HELOC. Trying to understand a few concepts here:
1. My current d...
Ok. I understand the concept and believe notes are for me. Can you tell me What agreements/contracts are needed to buy a note and sell a note?
Hi,I am looking to put a offer on a commercial zoned lot priced around 400K in Texas. I am planning to build some townhomes. I have a realtor but he is more into residential. I would need some advice on the following....
I've posted many times about my house in Redding, CA. It's a 4600 sq. ft. house with 2500 Garage/shop building that has full kitchen, bathroom. I am converting it to ADU unit for additional legal rental income. In add...
I am looking at purchasing a 2 bedroom 1 bath older home that currently has a long term renter that has subsidized rent. Is it a could idea and even possible to vet the tenant especially since they have a life time le...