From a tax perspective are there big differences between a 1031 exchange and reinvesting gains within the same tax year? I buy and sell property with an LLC and just closed on a flip with a $60k profit. The sale price...
Hi all. Just got a tenant in my newly renovated rental and want to refi (doing the brrrr strategy). My mortgage broker says that the banks are backed up and not looking at new applications. Any thoughts on this? I wo...
Hi Bigger Pockets Family ….
So I wanted to share a deal I’m currently working on and hear everyone’s thoughts ,but before I do I’ll tell you how I found the deal.
Step.1
I located a market I wanted to invest ...
I’m now 100% on board with REI. I just made my first offer on a local tri-plex with great cash flow potential.I realize haters are going to hate but a friend just sent me a recent Forbes article regarding the impendi...
Hi All,I am purchasing a home to house hack in Alexandria VA. I have two loan options, and I am interested to hear thoughts between the two. They are very different, which is making me struggle with comparing them. Pu...
Curious to what market demand might be for a smaller office/flex space next too a bunch to contractor condos? Would seem like a good opportunity for a rentable space for contractors to meet clients or would it be bett...
Hello! New Real Estate Investory :) First post! Recently I closed on a 2nd home, conventional - primary residence, and love it so much. I vacated the 'old' home and left everything (financing) as is. I just moved t...
I built a rental portfolio of 127 units and soon to double in the next year. I've experienced a little bit of everything: wholesaling, flips, single family rentals, multi family rentals, office, commercial, developme...
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Hello, I am doing my first new construction and at first I was very confident, but no, not so much. A lot of my flips took longer than anticipated which resulted in me having to find money for the closing.I did! but ...