Hello Bigger Pockets community,I just discovered you all. Very late to the party I know. It's almost like how I just discovered the True Detective series and its greatness. I do have an excuse as I have been busy d...
I have been a professional Realtor for 7 years and a real estate investor for 10 years, and I just recently discovered the secret to buying properties on the courthouse steps. You have to join a team. You can't do i...
I'm just starting out, I have never used a loan and I'm having trouble understanding what's normal for loans. I'm Specifically interested in bridge loans and what is normal for them.
What other kind of income can I deduct with Rental Real Estate losses?If lets say I have $50,000 paper losses from my real estate can I use it to deduct short term capital gain? What about other types of "passive inco...
Hello BP Members,Sorry in advance for the long post.So, for some background: I have been diving headlong into the material of the site as well as books and other material to get started in REI. I have settled on the s...
I came across a very interesting Airbnb host located in Denver who has a very successful tiny home (on wheels, which would classify it as an RV) in their backyard.After a little research on DenverGov this seems like i...
We own a quadplex in the heart of San Luis Obispo, CA. and for about a year and a half, we've been running our rental business. One unit we rent on Airbnb, we live in one unit, and we rent the other two as longer-ter...
I closed my first flip, and my bottom line is between $51,600 and $57,300*.
Anybody who hasn't closed one, here's the most important things I learned:
1) TRY TO HAVE YOUR OWN FUNDS TO CLOSE THE A-B.
2) ALL YOUR PRO...
When estimating the approximate retail value that I should get when the house is fully fixed up, isn't it necessary to not use the "distressed sales" in my comps? Obviously, in today's market there are a good many fo...
Hello everyone, my name is Tim Bryant and I currently reside in Indianapolis, Indiana. I was a mortgage loan originator from 2005-2008. Being an originator was very satisfying. I enjoyed helping and protecting people ...