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Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
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Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
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Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
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i know this has been discussed on here plenty of times before and I'm almost positive I have read every post. I'm still just as uninformed as I was before. Reading lonnies books and starting to research the subject...
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BiggerPockets would like to know how you approach taxes. I've created a (less than) 5-minute survey and it's completely anonymous. You can take the survey here: https://www.surveymonkey.com/r/MJY6RD8 Thank you to ever...
I have called a few respondents to a Craigslist ad that I posted a few days ago. Apparently, most of the respondents were "cash buyers", so they say, and not wholesalers. I took their criteria information down but do...
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A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
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I was recently contacted by an investor asking why I have not considered investing in large apartment buildings. I currently invest in single family homes and small 1-4 unit apartment buildings. I am a full time inv...
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My local market is very expensive and out of my price range for investment, so I've been investing in other markets. I bought my first two investment properties in Phoenix AZ two years ago. Both needed only minor wo...
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BP Community,I live in the Denver Metro city of Centennial, Colorado. It boggles my mind how many contractors come to do a site walkthrough, promise to provide an estimate within a few business days, and never send i...