Anthony Jaffa
Multi Family Property Deal --- Need HELP!!
Hey Guys!I am involved in my first large deal with a silent partner. We are purchasing 1.39 acres of land and plan to utilize a workforce housing ordinance through the county to reduce the required lot size to fit mo...
Tan Mehedi
Need help from the community about seller financing deal please
Hi Community, i am planing to buy a Duplex in Atlanta,GA with seller financing. Here is the number: The Duplex is worth $175k, i am buying it for $170k,it has about $60k mortgage. i am putting $10k down. What is the b...
Melanie Baldridge
What the "in-service" means
When thinking about depreciation it's not about when you buy the property, it is when you "put it into service."
When you buy determines your short/long term capital gains.
The "in-service" date = The point in time ...
Jesse Stephenson
How much do I pay my first employee of Property Mangement Co.
I have a small but growing Property Management Company. We (my wife and I) currently manage 50 homes but want to grow to a couple hundred. I am thinking about hiring an employee (and family member) to help grow the...
Calvin L
A different kind of LLCs protection for Rental Properties
Going into retirement soon, I am considering rental income as supplement to limited social security benefits. There will be no mortgage since the net cash is needed monthly. At the same time, I am too old not to worry...
Josh Vernon
Best practices for setting up REI bank accounts?
Hello,I am planning on purchasing my first out of state turnkey in the near future and utilize a property management firm and realized that I have quite a few questions regarding best practices. Does the tenant write...
Joe S.
Getting called by VA services
So I have been getting calls by different companies/individuals. Wanting to know if we would be interested in their cold call service. The latest one I received today was a person that wanted to know if I was interest...
Brian Davis
Thank You BP community. New member from Central Coast California
Good Day Bigger Pockets Community. My name is Brian and I’m from the Central Coast of California. I have a renewed interest in real estate investing since discovering this wonderful website. I want to take the opportu...
JR M.
Which should we do first? Cash out invesmtnets or HELOC on home?
We have been adding to value to our investment portfolio while our main residence has been appreciating, so now we would like to tap the equity in both. We do not want one to affect the other negatively so which one s...
Lauryn Meadows
The Rehab and the Refinance in BRRRR
Hey everyone! So I’ve talked to some lenders in regards to the BRRRR strategy. I’ve done this with an 8 unit over the last 12 months and once this deal is wrapped up we are really wanting to scale our business. The ba...