Hi BP, Me and my husband have been really thinking about all the different ways we could finance our first flip and its more and more looking like we will have to do a hard money lender or private lender. Every time I...
I've been spending a good deal of my time on this site lately looking into what it takes to being on the lending side - private / hard money lending, investing in notes, etc... Seems like there are a ton of legal r...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Hi all!Just want first to thank Biggerpockets. These podcasts (which are so down to earth compared to those self-proclaimed guru's **BS** out there) have played a large role in keeping me motivated for the last two ye...
Hello,I'm about to close escrow on a situation where I plan on creating a seller carry back note and then immediately selling the note after closing. I would appreciate feedback and opinions on if this was smart or a ...
I'd like to hear from you only if you had Zero REI experience starting out and you are successful in Flipping, STR, or LTR. I am married but my husband is clearly not interested, or never thinks it's the right time, (...
Hi, guys and gals, alike. I am new to this industry with learning still my number one agenda before taken most actions. I have seriously been interested in this for a while now and still trying to gain as much knowled...
Finally Closed our First Deal!It has been a little over two years since I stumbled across the BP Podcast and began the journey to purchase my first rental property, and while it took significantly longer than I origin...