Hey Everyone! I'm debating whether or not to have my first property be a house hack or to buy and have long term tenants. I know this is very specific depending on location and property but I wanted to get some opin...
I've been on BiggerPockets but never really took part in any of the forums. I decided to go Pro to show I'm taking this business seriously. I'm in the northern New Jersey area ( close to NYC) where I'm looking to star...
I keep looking for deals in GTA mainly using Realtor, and most of them have buy/rent ratio high enough to push me to negative cash-flow. the one that make the equation are only the ones that require too much repair. H...
Goal:
Retirement for my wife and myself by the end of 2020. (ie. $7000/monthly cash flow)Plan:
Purchase and Hold inexpensive duplex properties primarily in the florida area.Breakdown:
Year 1-savings and credit b...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
I currently have a 1 bedroom 1 bath condo on the market. It's near Lake Merritt in Oakland. It was my primary residence (I moved and bought a different home). My listing expires on August 23. I had lots of showings an...
Hello,I'm currently in the process of trying to add a rehab property to my portfolio and use the BRRRR method on it. I have a HELOC on my primary residence that I plan to use as the 25% downpayment, then finance the r...
Hi all,I'm working on offering a free report to commercial real estate investors and multifamily property owners as a way to build my authority, credibility, and expertise in my local community, and I'd like do get yo...
When Im finding properties that I like, that need a bit of work, I know i should send a contractor in to give a rough estimate prior to me making an offer on the home. Question is, should i send a few contractors thro...
Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...