John Hyre
Wholesaling in retirement accounts not legit
Carl Fischer had reminded me of an article I wrote two years ago. The gist: Wholesale deals in retirement accounts will get crushed by the IRS once they get around to auditing them.The Mazzei Roth IRA Case – An End ...
Patrick Allen
ROI on landscaping: a good investment for my investment?
Here is something that may get some debate going...I am house-hacking a SFH in Tucson, AZ, purchased with a seller-paid downpayment on an FHA loan. My roommate and AirBNB comers-by pay my mortgage for me, so it just l...
Roslyn A.
Hello from SOCAL-need ADVICE
This is my first post on BP but I've been listening to all the podcast and looking at the site for a while. I would like to get more serious with my investing. Currently, my husband and I own 2 condos in orange c...
Zac Boelkow
Help closing an owner financing duplex
I am in negotiations on a 2/2 duplex that is owner occupied, with another tenant, on one side and long term tenants on the other. Owner is asking $175,000. I offered $150,000(based on running the numbers). After work...
Kevin Mitchell
Best way to structure a real estate, SFH rental, deal
I am in a unique situation in which prospective tenants reach out to me to find them a place to live and rent. More unique than just that but for the sake of the conversation and questions I need answers on, the above...
Belinda Lopez
Seller has property under contract at two different Title companies!
I've been working with a seller on an RV Park for over two months. He informed me recently that he has the property under contract at a different Title company 'as a backup.' It looks like they are still in the ...
Nick R.
Having trouble choosing a Realtor
I'm flipping my first house which will be ready to put on the market a week from now. Here's my dilemma; picking a Realtor! This house is located in a diverse area with about a 50/50 mix of Hispanic and Caucasi...
Pablo Madrid
de minimis safe harbor expense or bonus depreciation, tax on sale
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
Vicky Gu
Any tips on doing due diligence on a vacant raw land in Oakland?
How are you all doing? Any land experts here? Can I get some help on how to perform a due diligence on a vacant parcel? Some basic facts about this land:- located in Oakland CA- it was subdivided in 1991- there are...
Nick Koegen
Clever Minds Needed on First Purchae
Clever Minds of Bigger Pockets,
My name is Nick and I am moving to Austin,TX soon from San Diego. I am out priced here in San Diego and I refuse to put down a 100k down payment on a house until it comes residually fr...