Adam B
Stay-at-home-dad looking for advice.
Hello BP community.
My wife is a Physician and with our first child being born 3 months ago we decided it would be best for me to quit my job as an engineer and become a full-time dad.
Finally getting out of the co...
David Weeks
HELOC as a starting point to the BRRR Strategy for a first time home investor?
Hello All,I hope this post finds everyone well and ready for this upcoming Fall! I'm just getting started on my investing journey and I was discussing this HELOC as an option to getting started. What are the pros and ...
Jeff Ausdemore
Series LLC book keeping
Good morning!Just wondering if anyone has any thoughts on bookeeping for a Series LLC? Our CPA recommended separate checking accounts for each property in a Series LLC. Seems like there could be a simpler solution w...
Jason Dillard
Cost Segregation
30k in cost segregation just saved us 400k in income tax this year! If you own property valued at 400k each and up and pay income tax, I strongly recommend it.
Malik Javed
Special Depreciation Rules for Short-Term Rentals (STR) and Long-Term Rentals (LTR)
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.
The complexi...
David Y.
Self Directed Roth IRA
Hi Everyone, Good day! I am a newbie here and I was wondering if anyone knows a good institution for the self directed IRA account that would allow REI later on. I heard that some institutions allow it and some don...
Mindy Jensen
Announcing Our NEW Premium Membership!!!
Hey hey hey, BiggerPocketeers!We’ve been working on something really cool for the last few months, and I’m super excited to announce it here. BiggerPockets Premium is now live for agents, hard money lenders, and any i...
Tom Scott
Rehab Cost's on the Fly
So, I keep reading how it is such a great strategy to come to a showing with a contract in hand and I agree it probably is. My question though is how do you come up with an offer price right there on the spot? Obvious...
Lorraine Martin
Conventional verses Commercial Loan
Hi Yall, my husband and I are wanting to build our investment portfolio. Which is the better route to take? Conventional or Commercial? We have cash to put down for both. We were told commercial loans reduce the liabi...
Chris Cambridge
Lines of Credit And How They Work
An unsecured credit line option can be used to purchase, rehab, and flip real estate, allowing you to leverage resources to do more deals, and increase your bottom line on each and every property.There are source o...