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Results (10000)
Matt Inama Question: Proof of Funds for Cash Offer
17 August 2020 | 40 replies

Hi BP-ers!I'm a rather new real estate investor in the Denver area and listened to the recent podcast where Paul Thompson (episode 283). This episode got me pumped up to start implementing Paul's "farming" method. As ...

Anjali L. Collecting after a money judgement
23 February 2022 | 3 replies

Anyone had any luck collecting after a money judgment case? A few collections attorneys I’ve spoken to said the chances of actually collecting are close to none. Wondering if it even makes sense to start the collectio...

Chrissy Disch Nuts and Bolts of setting up a rental once you own it
9 April 2019 | 3 replies

So I have learned quite a bit on analyzing rentals from a cash flow and risk standpoint, but when it comes to operations I am less sure how to operate.  How do you 'pay' yourself the income, how much and where do you ...

Austin Petrie The New Best Place to Park Your Money Short Term @ 3% interest?
14 December 2018 | 8 replies

Robinhood announced today that they will be offering a checking & savings account that offers 3% interest compounded daily. Prior to this, I know a lot of people on BP recommended Ally Bank who offers 2% interest....

Benjamin Lemieux Question for attorney about legality of financing
20 February 2022 | 2 replies

Goodmorning Biggerpockets,
*Note* I intend on consulting my actual attorney this week, but until I hear back my anxiety needs an answer.
Basically I'm questioning if what I am doing is legal. It was the loan officer...

Antonio Vassell Looking for a real estate tax accountant in Halifax, Nova Scotia.
9 April 2022 | 5 replies

Hi everyone.
We recently bought a duplex, our first investment property. We would like to connect with a good tax accountant that knows about real estate investing/rentals. Is there anyone you would recommend in Hali...

Manny Jisrawi Refi with CashOut vs Straight Refi
20 April 2018 | 2 replies

I'm curious about two difference approaches. Would it be better to refi with ~50k CashOut and lower monthly cost in a primary residence by $1500/month; with the intention to use the $50k towards an investment property...

Kimi Ho 1031 exchange on split use property with 1 house number only
24 July 2018 | 9 replies

Hello everyone,I am having trouble getting answers regarding a split use property that I am about to purchase. The property only has one house number and per appraisal is a single family residence. However, there are ...

Donald Kellogg Rehab funds wrapped in a HM loan are they counted as a expense?
13 September 2019 | 6 replies

I flipped a home in Arizona and wrapped 60K rehab funds in the HM loan. Is this a expense or is it counted as a gain at close? If it is a expanse what IRS publication addresses this item? I count cash in and cash out...

Kyle J. How do you account for interest paid to private investor?
26 June 2012 | 9 replies

If I get a loan from a friend/family member/private investor, how do I account for the interest on the loan I pay to that investor? I know if I were borrowing from a bank they would issue me a 1099-INT form at the en...