G'Day folks,
I've reached out to my legal and accounting team for referrals but they had none.
The IRS is absolutely useless and we have tried dealing with them for over a year now on this matter.
At the point of j...
I've decided to make my next investment a "live and flip". The plan is to buy a distressed property at the right price and use a 203K loan to fund the bulk of the rehab work. Once that work is done I'll be an owner oc...
I once met a real estate investor who said the trick to successful real estate investing is to keep as little cash in the property as possible; you don't pay a loan off as quickly as you can, rather, you keep it lean...
The BiggerPockets Facebook Page as of now only has 1,385 followers. Given our community of 62,000 and the 180,000+ monthly visitors to our site, I think we can do a whole lot better!
We use the BP Facebook account t...
I am assuming many folks on the forum take advantage of tax-advantaged accounts and thus they have to manage what "buckets" to fund when trying to grow their money. Defined contribution plans are pretty popular for t...
Hi all,working on building an ADU in our backyard. This will be for in-laws and have all the information collected for potential future builds. I wanted to know if anyone has had experience in the WA state and some it...
Just wondering what this community thinks about John Fedro and his 3k initial investment for his videos and all the trianing. He also has 1 on 1 phone calls etc and helps you with your first couple investments. Does a...
Hi,Thanks to the Dodd Frank Law my real estate investment strategy has really changed over the past year.I've moved away from seller financing but have been thinking about partnering with an individual mortgage loan o...
This is an answer i received from the loan officer. I am frustrated because a deal i wanted fell through when the Bank that was selling the property refused my FHA 203k loan...then i tried a conventional loan. The...
Hello BP community!!I’ve been reading into the 1031 exchange and was curious about a requirement someone was trying to explain to me.I was told if you complete a 1031 exchange you must rent out the property for xx amo...