I've just listened to podcast 283 with Paul Thompson and he mentioned a scenario where he offered somewhere around 70% of listing price in cash to the seller because they wanted to buy an RV and travel the world. What...
Hello! My name is Jonathan Broderick and I am originally from Salt Lake City, UT but now live in Redmond, WA. I'm a former plumber's apprentice and now office 9-5'er hoping to create financial freedom for myself and m...
What comes next in real estate now that Trump is in?
Should I become a bigger pockets pro now! Or should I wait till I have more knowledge on investing?
I have done 2 flips with my cash only so far and I'm trying to finally go with fix and flip loans to buy multiple houses. Usually these fix and flip lenders do ARC up to 85%~90% & rehab 100%, so I know I have to p...
Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...
I have a full time job but I want to be a successful real estate investor. I did some investing in the Atlanta area before the crash with no real education and made huge mistakes. I'm ready to conquer my fears and jum...
Hi Guys,I am not looking for a CPA level advice but just looking to know the basics to vet out CPAs when i go talk to them.I started in real estate last year. first property i bought at auction with cash was under my ...
Whelp, the damn RE bug got me. I'd be mad about most other bugs but this one looks like a solid bite. I am in the sponge phase. I am BLASTING through BP's bookstore and oddly, every time tax benefits come up, I get...
Hi Everyone!
Do many of you invest in condos? Id like to know more on the benefits and downfalls. I've read on the additional fees, etc. Do any of you have experience in this area? Is a single/multi family homes typi...