Mike Brown
How do you use the BRRR method to pay off a home?
For example, say you buy an $80k home with $20k down and spend $15k in renos. It goes up to $125k after a year of "seasoning", which is an increase of $45k. In newbie terms, what is the process of using that $45k incr...
Fouad Droubi
Best way to use Rent payment from the property?
I purchased my first property back in 2018; the monthly mortgage payment is $1300 (which includes interest, principal, property tax, and insurance). I leased the property a month after the purchase for $1550 a month (...
Vu Nguyen
W2 Income Tax Deduction Strategies through Syndication
Hi Guys! I am new to the Bigger Pockets Family. But I am in great distress seeing how much taxes are deducted from my W2 income. I need help with understanding how to reduce my taxable income strategically through s...
Corey T.
Primary to Rental
Good evening!
I have just accepted a job several states away and would like to convert my primary residence into an investment property. I have been reading all across these forums and google, but I wanted to post m...
Jeff Gardner
Should I keep this rental or re-invest in quadplex.
Wondering if there were any mentors who could examine my numbers on a rental house that I own.I own it outright. Zero liens.Rent: $1553 per month autodeposited Taxes: $8200 per yearManagement: 10%Expenses: $3600 (wate...
David C.
Harris County Tax Auction
1.0 Introduction
Here is my small experience with a Harris County Tax Sale. Harris County is the county containing Houston, Texas. Since I could not find much about the actual process I figured others mig...
Samuel Vogt
Primary residence becomes rental property
I purchased my first home in 2014. It was listed as my primary residence, but has been an investment property for the last 2 years since I had moved in with a friend. At this moment I am looking to purchase my next p...
Ryan Kline
Seeking assistance with setting up Illinois Land Trusts, Illinois LLC, Wyoming LLC
Hello!
I'm in the process of setting up a business structure for my real estate investments and would greatly appreciate any assistance or referrals from those with experience in this area.
A Bit About Me
Over the ...
Igor Messano
Help with choosing financing options.
I am in the process on purchasing my first investment property. For starters this will be a purchase from a family member so I can get as creative as I want with the purchasing and financing and they would be game.I a...
Steven White
Capital Gains
Hello BP! My question is who should I speak to about what to do with capital gains accumulated from wholesaling? Currently the capital is sitting in the company checking account. I'm not sure that is the best place fo...