Josh H.
How to Find More Homes to Fix & Flip?
Hello BiggerPockets Community,
I am in a little bit of a situation and looking for help. My wife and I have been flipping homes for the last three years, we have flipped 30 houses with all of them being profitable. M...
Daniel Tisdale
Buying a Rental Property that has negative cash flow in Austin
Hi,I have been presented with a very unique and rare opportunity to purchase the home right next door to me in a very hot neighborhood in Austin, TX. Because of this opportunity to potentially sell both lots to a deve...
Nick Doria
Looking for the must haves when Creating Landlord policies.
Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
Carl Flint
I need someone to help me understand leverage!
BP!I need some help.Today my girlfriend and I were having a debate on buying a property using leverage through a loan or buying a property outright in cash. I know that leverage is can be a good thing for investors if...
Oscar Martins
Building department doesnt like it when i do my own repairs
Went to the building dept in my town today, I have some electrical work that needs to be completed in order to get a clean certificate of occupancy, anyway they said that i needed a licensed electrician to do all of ...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Lucas Mills
On the subject of cash flow and self-sustaining properties...
Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
Account Closed
Turn Key provider advice for 1st purchase
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
I am an attorney. I invest in real estate as a "side-hustle." I've flipped 6-8 houses, made good profit on those, and just purchased my first 4-unit multi for mainly cost seg purposes/long-term appreciation. My W2 ...
Sam T.
Tenant wants oven replaced, it's not broken
I'm a new landlord and not quite sure what to do in this situation, so any advice is greatly appreciated. My tenant asked me today if I would replace the oven (gas stovetop) because it has a lot of tiny grease stains ...