Royce Wright Jr
Self Employed 1 year - Trouble Getting Approved/Financed
I am very new at this whole thing - so be easy but direct LOLI haven't had a W-2 in around 2-ish years. My single member LLC has been active since Feb 2020, but started actual work in Dec 2019 with a VERY small amount...
Jeff Rabinowitz
I knew I was a real estate investor when.....
A lot of people here call themselves real estate investors and most are but, can we be honest for a moment? If you haven't actually done a deal you are not yet a real estate investor. At this point you have aspir...
Brown Nathan
Depreciation Land Vs Building
I have always been using a 85% building and 15% land value for calculating my depreciation basis. Now my accountant is saying I have to use the tax basis and the county is assessing most properties in my county at 50%...
Corey G.
Property management LLC (filed as an S-corp for taxes) on my own properties?
So I posted the other day asking if I could get around passive income on my rental properties so I could contribute to my retirement account. Post here: https://www.biggerpockets.com/forums/51/topics/1183339-contr... ...
Patrick Flanagan
single family vs multi family
Hello!I personally like multifamily investing because of the cashflow, value add, and a little easier on the pockets if you have vacancies. I close on a 4 plex in Oregon this month, im currently looking for other mult...
Will Barnard
Colleague requests
I get a lot of colleague requests and sometimes, someone will not leave any message, just the request twelfth. When that happens, I click to see their profile from the request before I accept as I want to see who they...
Azeez K.
MF Deal Analysis Help: 32 Units in Cobb County, GA - Would you do this deal?
Dear BP Community and MF Guru @Joel Owens I need some guidance from our experts on analyzing the deal below. By the Numbers:A.Property Information:a.# of Units - 32B.Rent Revenue Assumptions:a.Monthly: $15,200 (Avg Re...
Richard S.
Automate my 4-plex: Poke holes in my plan? Other suggestions?
I own and self-manage a 4-plex in a neighborhood about 30 minutes from my house, 5 minutes from my place of employment. I plan to purchase an internet plan for the site and install a mesh wireless router system to boo...
Phillip Vaughan
Will Vacation Rentals cease to exist!?
Vacation rentals in the Palm Springs area have become a hot button topic over the past several years as it has been in many other communities. Palm Springs and it's neighboring towns are hot areas for vacationers. Des...
Bryan Casteel
Get Rent Paid On Time More Often
I just went and saw a brand new "guru" speak today. Her name is Missy McCall-Hammonds and she is a big landlord in Butler County, OH (Dayton, OH area). Her new course is getting launched at the Millionaire Makers Co...