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Just can't get off the dime
Have been looking at a few properties but haven't been able to make the leap yet. Hard to part with money in the bank and get into another mortgage.
That said, our position is good. Plenty of cash - I have around...
Corben Briggs
Choosing an OOS Market
Hello everyone,I'm a young aspiring real estate investor looking to complete my first deal! At this point I am considering both options (in state & out of state) investing and am trying to weigh out my options on ...
Huimin Zhang
Hold or sell? Bay Area townhome
Hi everyone, I’m new to BP and feeling thrilled to discover this site! So, I got a problem that has been concerning for a while. We have purchased a townhome in Mountain View, California last year, and the final price...
Brandon G.
The Big Short: What they left out
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
David Hamilton
Unknown Truths About Financing Commercial & Multi-Family RE
Hello All,I am new to the Bigger Pockets forums but have been listening to the podcasts for several months now. Although I certainly get a TON of value from the platform already, I found that more sophisticated, nuanc...
Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
Dustin Burke
World Wide Dream Builders (WWDB) - Amway
So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...
David Campbell
Never invest in a cashflow negative property?
I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...
Eric Carr
Bitcoin and Fear Discussion. Fact from Misinformation
I don’t expect to change anyone’s mind about Crypto, specifically Bitcoin, nor do I expect this post to be popular or liked by 95% of BP users
I really like the money podcast and I’m listening back and am starting to...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...