Edgar Garnys
How to figure out Marginal Tax Rate to calculate Tax Savings?
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
Brent Cheney
New Real Estate Investor in Dallas Texas.
Hey Everyone,
My name is Brent Cheney in Dallas TX. My wife Carolina and I have an amazing 4 year old son Alexander . From a career perspective, I have been in the Wholesale/Retail Clothing Industry for 20 years unti...
Vincent Roberts
New member from Massachusetts
Hello Bigger Pockets community! My name is Vincent. I am a 19 year old high school graduate, Eagle scout, & black belt, who is trying to break into the real estate investing world. I decided before I graduated hig...
Amanda Homan
How do I prove marijuana smell left by tenant?
We had our tenant move out early this month from our rental home in Texas. The woman who lived there (and/or her guests) were clearly smoking marijuana a lot in the house. We are having the carpets and the house clea...
Jack Budd
New investor located near LA. What are your criteria for determining a good deal?
Hi everyone, my name is Jack and I am trying to take actionable steps to enter the world of real estate investing. I am located in Whittier, CA, a few miles east of LA. I am interested in flipping and buy and hold/brr...
Ash Singh
An honest review of Tony Robbins coaching program
In 2014 I was at a point in my life where I needed help, especially in the area of taking action and feeling depressed. I had major issues doing the simplest of activities, I would procrastinate everything I did! I ...
Charlotte Farrell
GA LLC owns property in FL
We live in GA and have a GA llc for a LTR we own there. We recently purchased a STR in FL and deeded in name of GA Llc.Should we have a separate FL based llc for the FL home? Slowly discovering FL has some convoluted ...
Account Closed
Fundamentals: A Philosophy for Success in Life and Real Estate
Fundamentals: A Philosophy for Success in Life and Real Estate
Note: This article was written in collaboration with ChatGPT, an AI large language model, and reflects the philosophy and opinions of the author, Aaro...
Devin Rock
My wife is scared of the risk of real estate investing
I’m looking to leave my healthcare management position to take a 24 hour baylor night nursing position. The new job would give me time to start my real estate investing endeavor. I would be looking to wholesale proper...
George P.
second position
Suppose there is this property:
FMV 200k
1st lien 125k (with arrears)
2st lien 25k (current)
Mechanics Lien 5k.
1st one is foreclosing. Suppose someone bids 170k at the foreclosure auction - I understood that the firs...