Alicia Marks
QOTW: What are your best (and legal) tax saving strategies?
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
Hobart King
Insurance is killing my rentals
Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
Levi Gale
Who does not use the 50% rule?
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
Kevin Christensen
Starting Out - Spouse NOT on board. What do I do? HELP!
BP,I am in the education phase right now. I am consuming every drop of information I can via reading, blogs, podcasts, YT, etc. I am ready to move forward with my first property as soon as the first of the year, may...
Blake La Grange
Spartan Invest Turnkey Case Study
Hey guys!Just wanted to start a case study based on my experience with Spartan Invest out in Birmingham AL. After some experience with purchasing my primary residence with a detached guest house (first cash-flowing de...
Shiloh Lundahl
Rich Dad Poor Dad’s investing principles - GOOD or BAD?
Many people on BiggerPockets (at least on the podcasts) have credited their start to investing in real estate to reading Robert Kiyosaki’s book Rich Dad Poor Dad; myself included. However, there are also some investor...
Frank Greg
GC: Average Total Labor Cost on New Build
Question for the GC's out there... in markets such as Charlotte, Nashville, New Orleans, Orlando etc (Southeast), what would most GC's quote as a ballpark estimate for total labor cost (if owner is supplying all build...
Chris Virgilio
Ramsey Fan and Credit Cards
Hello everyone,
My wife and I are looks to get in to real estate investment within the next year or so. To date we have been Dave Ramsey fans and are totally debt free as of about two weeks ago. Yay! Now we are savin...
Philip L.
Replacing windows on a rental
I am in the process of renovating a rental property and I need to replace eight windows upstairs and one window in the basement.I have contacted four contractors to come on Monday and Tuesday to provide a price for in...
Dan Zambrano
My Journey to $20M in assets
Hey all,
After thinking it over I decided to create a new thread.
I am a small time passive real estate investor who has ambitions to expand greatly, first to $20M and perhaps maybe more. i guess I will give a lit...