I've heard it both ways. "I flip houses because I don't want to deal with tenants". "I rent houses for the monthly cash flow". WeIl guess what? If you flip houses you have to deal with contractors, and if you rent hou...
Hello BIgger Pockets landlords. Are any of you using “Stessa” to manage your rental property finances? The site looks very interesting but I’m wondering if it’s legit? The free service, for landlords with two or less ...
Investment Info:
Condo other investment.
Purchase price: $425,000
Cash invested: $25,000
Sale price: $560,000
I purchased my first condo in 2007, knowing nothing about real estate. I proceeded to...
Hello, I'm a new member who was gotten into real estate as a bit of an accident. I've changed jobs a few times and have ended up with a couple of rentals due to not wanting to take a loss on selling my homes. I'd li...
General Growth Properties filed for bankruptcy today, the largest property bankruptcy in US history. General Growth states 29.5 billion in assets, 200 million square feet of space and 24,000 retail stores. Anyone affe...
I am a new Bigger Pockets Pro member and am look for some help with right sizing my home insurance. I am wondering if there are any contractors/home builders in the Bellevue WA 98008 area that could give me an idea of...
I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...
Hi,
Does anyone know for certain if the BP BRRRR calculator factors in the tax benefit?I cannot seem to find the information (I have asked Bigger pockets but have not received a reply).Thanks!Paul
Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...
Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...