Jay Nalker
Found $5k under the water heater!!!
Well... I closed on this 3/1 SFH on Wednesday, started demo and decided to replace the hot water heater since it was old, empty and someone already stole the copper going to it. I got a nice surprise when I removed i...
Scott H.
What should my next move be?
I have a few questions about what my next move should be so here's what I have going right now. I did my first flip last year, did all work myself and plan on doing for the next few houses. The flip was a success and ...
Paul Castillo
Tax Questions Regarding "Unplanned" Flip
Earlier this year my wife's uncle unexpectedly passed away. Her remaining Aunts and Uncle were handling the estate. They were much older than the deceased Uncle and were struggling with having to be at the house for...
Gordon Cuffe
Old member introduction
For some reason Biggerpockets asked me to take my 1st step towards real estate investing with a new member introduction. I signed up with Biggerpockets over 10 years ago when it was free. I started my domain over 10 y...
Jake Baker
My BRRRR Horror Story! What could I have done differently?
I wanted to share a horrible BRRRR experience with a property in Jacksonville, FL. What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.
The Numbers...
Lukas Smith
Renters Insurance for Mid-Term
I'm preparing to list my first mid-term rental (and first rental overall) shortly! Is it normal to require renters insurance for a mid-term rental?
Ryan Morlino
Need some guidance on setting price for a ground lease
I need some advice on pricing rent for a ground lease with a 99 year term. Let me give a little background info first.My wife and I recently built and rented two houses on land belonging to my in-laws. The agreement...
Joe DeLuca
HVAC Replacement from flooding
Hi All,So we got hit pretty hard from Hurricane Ida and need to replace two full HVAC systems in our Triplex. I understand that this doesn't qualify under the de minimus safe harbor exclusion.
Is there any way to wr...
Logan Jorns
Law of the First Deal
In Michael Blank's book - Financial Freedom with Real Estate Investing, Michael talks about the Law of the First Deal. In summary, he states that after completing your first multifamily deal, it is reasonable to expec...
Joel Miller
House flip tax question
Hey everybody, I’m working on my first deal with is a house flip and I’m wondering if I’d be better off keeping it a year due to tax implications. To the people that have done flips out there...don’t I have to pay sel...