Curt Bixel
Rehabbing to buy and hold and taxes
I am considering purchasing a property that may only need a moderate amount of rehab. I know that the more I fix it up, the more it will be worth, and thus, the more it will be taxed. Is there a sweet spot to aim fo...
Pete Peterson
VRBO rental questions (Los Angeles county)
I want to rent my entire furnished home (Pacific Palisades primary residence) as a summer vacation rental in 2016. I'm trying to decide if I will aim to rent for 30 days of less or not.The thing that really concerns m...
Account Closed
How do you look at cash flow?
Hey BP. Currently I'm close to putting my first SFH under contract. And I plan to stay in the SFH field until for a few years. I want to get well established in SFHs. After I've grown my portfolio with houses and feel...
Shaun Wilson
Tax question for flip house with sweat equity partner
Hoping someone might be able to suggest ways to solve the following tax question:
My business partner and I have an LLC that we have bought a rental duplex, with the aim to buy several more. In order to build...
Jay Pei
FHA 203k - down convert a 5-unit to 4-unit possible?
Forgive me for being a noob, I spent the entire weekend researching as much as I could... So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Lim...
Samuel Morris Fish
All I need to know about doorknocking
I am new to bigger pockets and want to know about door knocking. I am looking to buy my first property within 6 months and want to get a good deal by door knocking for my first deal. I am asking for all the informatio...
Chris Stromdahl
Mortgage payoff strategies
We own two investment properties and are cash flowing $1150/month between the two.This is not spending/Vegas money.I don't need to build an empire, but we would like to have a portfolio of 5-6 doors to pad our retirem...
Steve Melniczak
What to do with STR appreciation?
I purchased my first STR two years ago for $575k. The property could be sold for $900k today. I should have a positive cash flow of $10k by the end of the year. I want to know if there is anything I should be doing...
Yehiel B.
Which brokerage to join
Hi,
Need good advice-after working over 10 years as an analyst and a bit as leasing agent-What type of sales brokerage to join. Aim just for the big names or national guys? Or is it okay to work for a private one/t...
Matt DeYoung
Beginning Journey of Financial Freedom
Hello BiggerPockets!Firstly, I wish everyone who sees this post health, happiness, and growth during this epidemic.I am a student-athlete who has 1-2 more years of playing collegiate baseball. I am currently an MBA (A...