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 ...
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...
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 ...
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....
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...
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...
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...
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 ...
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...
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...