Hello BiggerPockets Community,
As a private money lender, I've seen the transformative power of fix-and-flip projects. However, like any investment, they come with their own set of risks. I’d love to start a discussi...
Hi BP,I’m struggling to calculate the potential tax benefits for owning a real estate investment property. My research has shown that the following are the greatest available rental investment property tax write offs:...
This may be a naive question but I'm going to ask it because I don't know the answer. Can I reduce closing costs as a buyer if I use seller financing in lieu of conventional financing? Can I offer a bit more on the pr...
I had 2 rental properties in Chicago. I sold 1 early this year and did not buy another property because I didn't want to. Hence I will probably pay a good chunk of change to uncle Sam when I file my 2024 taxes. I stil...
Hi All - I am looking to make an offer on a two unit town home. Both units are rented out with long term tenants in place. Below is a screenshot of the model results but see below for a break out of the assumptions:
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In a high-interest rate environment, every penny counts when it comes to managing your finances. One area where this is particularly true is in paying down your mortgage. For most people, their mortgage is their large...
What is a Cost Segregation Study & How Does it Work?
Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled an...
It’s here—THE book on BRRRR! And who better to write it than the leading authority on this strategy: our co-host David Greene.In this episode, he breaks down exactly how to “Buy, Rehab, Rent, Refinance, and Repeat” yo...
I’d like to share with you what we’re doing with our properties to mitigate COVID-19’s impact on our properties, with the hope that you can use some of these ideas and strategies on your own properties. If you have ad...
Hello BiggerPockets community,
As a first-time homeowner in Florida, I've encountered some unique challenges, including the need to pay for an insurance policy upfront for a year in escrow due to the home's initial c...