So, two years ago, I made hundreds of thousands of dollars in the crypto bubble and then lost most of it when the bubble popped. After that, i decided to take my ball and go home. I took what was left ($80,000) and pu...
New and trying to find which lane to pursue. I’m curious when you are calculating your deal, do you go at it the same way you would a long term rental? So for example, if I figure mortgage is $1000, and when I calcula...
I've been searching the NYC area for types of properties to buy/hold/rent out. I've tried looking at purchasing single apartments, but I haven't been able to get close to my goal of 15% cash-on-cash return. Does anyon...
Purchased my first commercial (Industrial) building and planning to segregate the cost to accelerate depreciation. Considering engaging a 3rd party company with their engineer visiting the place. Any disadvantages wit...
a investor wants to partner with me on a flip they will provide the funds and i will rehab. they asked this question, are you offering equity or paying a fixed rate of return ? What are your splits ? not sure how to a...
I have a difficult tenant with section8 houston housing. She thinks it’s ok to stay for free and she deserves free housing, non paying her dues or any thing just because she does not have a job (on purpose) and does n...
Brandon mentioned in his blog here:http://www.biggerpockets.com/renewsblog/2013/11/05...that if you own a property free and clear you could lose 50%+/- to taxes. He didn't say much more than that but that took me as s...
There is a thread on BP about getting to $100M with some interesting commentary. A lot of the comments revolve around compounding rate and what is sustainable. It seems that growing your net worth should have some s...
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
Hi BP Community!I currently have two houses I'm working on in NJ. I have an investor who is looking for flips and rentals. My problem is that online most BP members are saying that they provided the Purchase and Sale ...