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I am trying to understand what my potential tax implications would be in this example scenario.1st property purchase:$600k with $150k down Sold for $932,5002nd property:Purchase price $1,925,000$385k down Sold for $2...
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Hello! Taking the jump into my first BRRR and learning a tough lesson. Many of the interior walls, particularly the exterior walls are in bad shape and I brought in a drywall crew for repairs. And a decent rain the n...
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Hello, Bigger Pockets. Is anyone else interested in teaming up to create an Australia-focused investing group?I am an American living in Australia, with most of my investment portfolio in the United States. Being curr...
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Since Fannie Mae and Freddy mac prevent individuals from having more than 10 mortgages - how do investors by pass this to build larger portfolios?
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I'm looking at the 2 duplexes below:
Prop A
Price: $72.5 (accepted offer)
Monthly Rental Income: $1500
25% down 6% interest 30 year fixed: $326/month
Prop B
Price: $44.9 (listed price)
Monthly Rental Income: $1...
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Hi BP Fam,
Quick background, my tenant requested to be 2 days late on rent and I had already made the due date for rent the 3rd of the month to accomodate this tenant. My tenant asked if they could be a couple days...
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I am just curious approximately how many homes people are flipping a year? Also what is your business structure set up like? Marketing team? Project managers? Sales sam? etc.. Thanks
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In my opinion, setting specific goals and evaluating progress are critical elements in developing a profitable real estate investing firm! 🙌
There are various levels of goals, and here are some examples:
Company Obj...
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I am hoping to get some advice/perspective. While holding a flexible, but full time job, how many properties can one person manage on their own before using a property management company? I currently have one duplex ...
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Being new to the game and just learning and birddogging etc. I have really only know this market. I am young so I never really even cared to pay attention to real estate before the crash. So I guess I am wondering wha...