Kaizen B.
Failed to claim depreciation on rental
I was unaware that I would have to pay taxes on depreciation when I sell my rental property whether I claimed it or not...which I haven't done for the two years I have owned it. So now I'm trying to figure out how to ...
Nicolas Biangel
NEW INVESTOR/LONG DISTANCE INVESTING
Good evening everyone! I'm new to RE investing as well as to BP and am extremely excited to start my transition to RE investor. Been looking around different areas to invest in (I'm currently reading David Greene's ...
Hudson Walker
Needing help with refinancing decision
In the process of refinancing my home. Spoke to 3 different lenders. Having a hard time making a decision. Need some guidance with this one. This is my personal home. I plan on moving out in about a year and keeping t...
Breena Stone
Investors!! What is your biggest frustration with Realtors?
Investors! What is your biggest frustration with Realtors? I find that many investors I've spoken with, get frustrated when their realtor sends them properties that will not make a profit. Often times, they wish their...
Matthew Defore
Cheaper contractor but no W9
Hello, I am new to REI and still crossing some bridges for the first time. My question today relates to the following scenario:I have some kitchens and bathrooms that need to be remodeled in several of my units. An ...
Simon Ghandil
Would this be unethical?
When an experienced wholesaler helps an amateur wholesaler by providing a cash buyer for a 50/50 split, then when the amateur gets his second deal, he contacts the cash buyer and sells him another house, cutting out t...
John Kirby
Multi-Family Scaling Strategy
Hello BiggerPockets community,
First-time poster here!
My wife and I are amateur property investors, and over the next year, we're aiming to get more serious by purchasing several small multi-family properties. Here...
Branden Vandette
Letting a property go from unpaid taxes and credit consequences
I made a bad investment on a cheap warehouse in Detroit for my landscaping business. I paid for in cash for 20k 4 years ago. It's in a very bad area and it got broken into a couple of times. Not feeling safe I moved ...
Navid Sadighi
How should I continue to grow my dad’s portfolio?
Hi guys,I need some advice from the pros on if and how I should try to grow my parents real estate portfolio. My dad invested in some real estate 10-15 years ago. He has 6 investment properties and his primary home. H...
Bruce Tieu
What makes a good mid term rental market?
Hi everyone,I am on the hunt for my second house hack. I've been doing some research on different rental strategies. It seems in order of increasing profitability:LTR < MTR < STRGiven that I'm based in the Denve...