Happy Easter bigger pockets members! So this is actually happening to a close friend of mine. I am not exactly sure what direction to point him in, so I thought I would open it up for discussion here. He is 67, blue c...
I have a duplex listed for sale. It needs some work. Thinking about doing rehab instead, but could use assistance with funds. There is no loan on the property. Are there lender programs out there to get funds for reha...
Looking for some feedback from tax experts. I'm asking this on behalf of a client. Client and a partner own an S-corporation. Client told me that they never took a salary from the corporation and simply take dividend ...
Has anyone taken or considered taken the Covid 19 Cares act $100,000 out of their 401k to purchases additional properties? What are you all's thoughts? My thoughts are that you could buy a property and depreciate it o...
So. I am starting out, working on a deal right now where I will partner as a JV on a SFH with an experienced investor. At the end of any flips we do, I will get a check and a 1099 at year end...What I want to know i...
Is it easy to make a flexible lease to allow tenant to move out any time they want? Let's say you are the landlord who is renting a room/place. Are you able to write a lease that allows a tenant to move out whenever t...
I’m trying to put together a deal for three duplexes on a single parcel, requiring a commercial mortgage rather than residential. The purchase price will be around $165k, and most lenders I’ve seen don’t offer commerc...
With the recent increase in interest rates, real estate investors have had to make some shifts in their investment strategies. The recent uptick in interest rates might seem daunting for some real estate investors, ...
I would love to hear from those out there who self filed their taxes for their new REI LLCs in the first year without any investment properties/deals yet. I’ve heard many say not to bother hiring an accountant/large f...
Can or is it advisable to borrow from a retirement account to do a deal? If yes, to whom is the interest payed to? would it be to my retirement account? I need capitol to finance my first deal. Is it possible to do ...