Christie O'Malley
Ordinary vs Capital Gains: Calling all Real Estate accountants
Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
Zane O.
Announcement Letter Feedbakc
We are getting ready to send out an announcement letter as part of our marketing plan, and I would love to get your feedback on the content:"Dear family and friends,I’m excited to let you know, in May, I took a new po...
Ken Chud
Tenant Quality Deterioration
Hey folks. I specialize in renting to Section 8 (BRHP) in nicer areas of Baltimore County and noticing significantly deteriorated tenant quality. Especially since Covid. There is barely a voucher holder applicant with...
Austin Phelps
What would you do in my position? Feeling like we're ready
My wife and I (both 27) currently live in Cape Canaveral/Cocoa Beach, FL and make about 250k a year combined with a net worth of about 250k as well. We're looking to begin investing in real estate to increase our inco...
Jon Klaus
400,000 posts on BiggerPockets!
There will be 400,000 sometime today. As of midnight last night, the stats page showed 399,805. We are also closing in on 90,000 members. Let's keep growing!
Jose Goncalvez
Am I overthinking this deal?
Hi everyone, I would like to get an opinion on a deal I have under contract, I have been a bit hesitant due to the interest rate that I am getting on this deal. I may be overthinking too much, feel like I'm stuck on a...
Scott Winter
First Investment Property: Short Term Vacation Rental
Investment Info:
Single-family residence buy & hold investment in Running Springs.
Purchase price: $150,000
Cash invested: $62,000
MLS Purchase: $150k
Offer: $150k
Down $30k + $7k closing
Light R...
Robert Murphy
Building Happy, Healthy Relationships with Your People
I read an interesting article the other day about negativity versus positivity inside relationships. The article specifically mentioned a husband/wife relationship, but as I read and really started thinking, I saw a v...
Demjan Van Der Kach
Cash out refinance case
Hello fellow investors!
I have a question for those who experienced the following scenario (I apologize for the oversimplification and numbers clutter):
I bought SFH rental for 300K with conventional 20 year fixed 3...
Andy Rivera
Introduction
Hello! My name is Andy from Paterson NJ, brand new to the site and to the real estate business looking to make some business relationships! Currently looking to wholesale properties and eventually moving on to Fix and...