Hi Everyone!I currently assist clients who provide business professionals and corporate employees with short-term rental accommodations via the rental arbitrage model. I have been quite successful, but the job keeps m...
I am trying to obtain a $100k HELOC on a $200k out-of-state investment property that I own free and clear to use as a down payment for a new home that I will live in. WF recently rejected my application. Some of th...
Hey bigger pockets family ! I am in the process of reading the new bigger pockets "How to Invest in Real Estate" book. My goal right now is to pay off my C/C debt ($6,400) with an average $200 weekly income. I was con...
Hello tax expertsAny recommendations on how to avail tax benefits on capital gains, was researching and found out QOZs (qualified opportunity zones) there is a new tax law which allows capital gains to be invested in ...
As an wholesaler, when is it smart to decide to form a LLC? Do I wait to build traction in the business or should start one right away. The purpose for this question is due to the tax benefits that may come with an en...
Hello BP, what are the lender requirements for Mid-Term Rental income? I started my MTR in Sept 2023 and some lenders I've spoken to are saying different things such as 1 year tax returns, 2 years tax returns.. Can't ...
I’m currently in the Army and get out Feb 2022 and will be moving to Washington state. I am reading and studying real estate investing for the time I’m still in and feel comfortable jumping right into house hacking on...
My name is David Schroeder and I am 34 years old. I have a lovely wife and two beautiful children. I have lived in the Greater Chicago Area for 12 years. My wife and I just bought our first home in July 2018 in Mundel...
A prospective tenant showed up today and their monthly household income is 1.9x rent and have additional incomes social security, job disability income etc ,income with this additionals comes close to 3x (little less...
Good day all,Firstly, big fan of the biggerpockets community and the incredible knowledge and advice that is put out on this forum, so thank you to all those that take the time to share and enable the rest of us to gr...