Account Closed
Inheritance? What would you do?
Good afternoon Bigger Pockets team! I have a family friend that had the fortune of inheriting quite a bit of money as of late. Through a series of events, she is now privy to roughly $500k. She knows that I invest in ...
Alejandro Calixto
Who is a full-time Landlord?
Happy New Year Everyone!
I'm wondering how do does one become a legitimate "full-time landlord".What I usually see is that people have a job/position to supplement their real estate investments. But I have come acros...
David Kieta
The Doom Loop in Chicago
"A “doom loop” therefore looms for Chicago and many other cities: Commercial leases don’t get renewed, leading to slashed commercial property tax valuations, forcing a higher tax burden on homes, reducing the value of...
Toks Fifo
Rental property taxes vs. stock taxes
I'm confused about the tax advantages of rental properties as compared to stocks. For the following, assume I buy an SFR with 20% down, rent it out, and sell after 30 years.
I'm taxed on the "profit" (I'm not yet sur...
Alvin Uy
Got an $150K EIDL offer - should I take it?
So I just got approved for $150k SBA EIDL under my design biz (not real estate related biz). Terms are 3.75% interest rate w/ 30yrs to pay. $731/mo (P/I).. First payment does not start until after 12mos from disbur...
Jon Licht
Real Estate Dogma: FACT or FICTION - A Retrospective Analysis
Five years ago I began my journey as a real estate investor. Since then I have also branched out into other assets such as angel investing, note investing, and fund investing. In comparing common "real estate dogma"...
Shafi Noss
Total Return for Multifamily Syndication Investment?
Hi everyone, I was talking with an investor friend the other day and he asked me a question I didn't have an answer for. He asked "So if I were to invest 100k in a multifamily deal, how much would I make total over a ...
Mike Clancy
Direct Mail Marketing Advice
Hello!My wife and I are just about to send out our first DM campaign. We are going to rehab SFR's outside of the Seattle area and need your feedback.Our budget for DM for right now is $2,000/month and our goal is to ...
Kristian A moreno
Your house is not an asset..
My girlfrIend and I currently rent a 1/1 apartment In San Diego, CA for $1475 ($735 ish each) and I am saving up for my first deal. Considering the high prices in San Diego, should I buy a rental property first and ke...
Chris Purcell
Do you raise rent on good tenants?
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...