I have a potential tenant that would like to pay the entire years rent up front. I have already screened tenant through an online service and was wondering why would tenant give me over 15k instead of paying monthly...
Alright so, other than my introduction, this is my first post here. I have been thinking about this idea for a while, but I need some perspective to un-noobize it.
Owning a Lambo is definitely one of my dreams in li...
Anyone else feel like we are due for a little downside? It's inevitably going to happen again...history always repeats itself....just a matter of when???? Then it's buy buy buy
Hello BiggerPockets,Just finished a substantial remodel on a SFR we bought on the Nevada side of Lake Tahoe two years ago. Estate sale with 1990-ish interior. I acted as my own general contractor (with a few subs), ...
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Hello fellow Cape Codders! I'm so happy BP finally created a sub-forum for Cape Cod in Massachusetts, so I thought I would get the ball rolling and make the first post. Are other people interested in getting together ...
Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
Hi all! I'm getting anxious, I want to buy my first investment property, however I can't help but listen to the rumors of a crash in the next 1-3 years. Should I stock-pile my cash and wait, or get the ball rolling on...
Hello!
Introduction
I’d quickly like to introduce myself before providing my forum topic. I’m Moe, a heavily inspired teenager who is determined to create wealth and success. As a 16 year old, I have been career b...
I just had a prospective tenant tell me that he would want to pre-pay the yearly rental fee in cash upfront because "that is just the way he does business." My gut tells me that this is a red flag. I would still scr...