Shawn Connors
My First Business Plan
Hey BP,I have completely the first draft of my business plan. I know over time it will grow and expand, but for now this is it, tell me what you think!!!Business Plan for SKB Real Estate Solutions, LLC(Created on 7-2...
Matthew Franklin
Cash out refinance or heloc?
Looking to purchase my first duplex. I want to do HELOC with my house to purchase the rental. Then refinance in a year to pay the loan off. My mortgage company and my mortgage broker said it would be better to do a ca...
Matt "Roar" Gardner
$400,000 PROFIT and NO Taxes 😲 How I turned $25K into much more!
This was my first STR purchase. I decided to split it up in a partnership to leverage OPM (other people's money) to accelerate my growth. One of the partners is a physician and essentially a passive partner, so we ...
Jonathan Santiago
Tax Question: Capital Gains or Ordinary Income?
I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
Samuel S.
Land Contract - Viable business strategy for buyers?
Hi BP Folks,So I am currently in the process of purchasing my first rental property via Land Contract, and would be so grateful for any advice I could get!Here's the scenario:3 unit property1800 SFBuilt in 1935List pr...
Christopher Polanco
Buying land in Northern Catskills NY and building container cabin
Hi everyone. I am considering purchasing about an acre of land around Hunter NY, about 2.5 hrs from NYC, for around $10k in cash and using some sort of financing to purchase a 4 season container cabin for the Airbnb s...
Ashley Keeler
How to scale quickly using brrrr?
Hi everyone! I have been using BiggerPockets for real estate info for about a year now, but this is my first post. I’m looking to start investing long distance investing in the Midwest (likely Minnesota, my hometown) ...
Thomas P.
Unique situation.
I am about to buy out my aunts 1/2 of a property that she and my mom inherited from their father (my grandfather) The property is owned free and clear.
I have many questions on the way this can be done. The property...
Jeff Howard
Baby Steps - Wife and I want to buy property to rent. Where to start?
Hi all, Wife and I are looking to buy property to rent in the next few months. Would like to get some help on the plan forward, we are very new and risk averse. Here is what I am thinking. Looking for a house or d...
Calvin Kwan
Kitchen Layout Feedback
Hey guys,I'm in the process of renovating my rental unit. It's a 4bd/2 bath split level in North Oakland. The kitchen is pretty small, but I'm trying to avoid any structural changes since it's a rental (I won't be ...