Claire D.
BRR(R?)R - Help explain refinancing portion
Can someone explain the refinance portion of the BRRRR strategy and how it allows you to (ideally) gain back all the cash you initially put into property while still maintaining equity? Examples or personal stories wi...
Corey Bogaski
Can some one explain what "refinancing" is?
Hey everyone, I am new to bigger pockets. I am looking at getting my first property (house hack) within the next couple months. For the sake of the example i am going to just use fake numbers to see if i understand ho...
Faisal Farnas
How can you explain this price history?
Hello, I am just looking for some advice from more experienced investors. I was casually browsing Zillow and I see that this 2/1 condo in Saint Petersburg, Florida hit the market. It is in an OK area. Looking at the P...
Michael Plaks
Explained: Tax consequences of K-1 syndications
Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...
Michael P.
Hard Money ONLY used WHY? Please Explain
I am currently running the numbers to try truly grasp, why hard money over conventional loan.Besides credit and things like that, why Hard Money?Most HM will lend up to 75% of Purchase price, or is it 75% of ARV? Bec...
Michael Plaks
EXPLAINED: Tax strategy or an abusive position?
This post was prompted by a discussion of a specific STR-related tax strategy on another thread. But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.
1. The annual nature of ta...
Michael Plaks
Explained: How CPAs charge you (and why)
'Tis the season for CPA hunting. And every year there're dozens of repetitive threads on this forum asking/debating/complaining about the CPA charges. I will try to assemble all related questions in this one long post...
Rob Lane
Explain,"significant upside potential thru optimizing operations"
What does, "significant upside potential through optimizing operations" really trying to say
Michael Plaks
Explained: RE Professional & K-1 syndications
Before we start... This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
This is a revision of my old post on this timely topic. Timely because January 31st is the deadline.
Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors
2024 update: While not directly related...