![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1928526/small_1621516757-avatar-chenster.jpg?twic=v1/output=image&v=2)
Just a simple math:
Let's say I buy a home for a million dollars, with 20% down and 30-year term
interest rate = 5% + property tax = 1% + maintenance = 1% ----------------------------------------...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/88279/small_1621416457-avatar-aarontallb.jpg?twic=v1/output=image&v=2)
So the MegaMillions Lottery is upwards of 1/2 of a Billion Dollars to the winner this Friday.
Thought a brief discussion could be fun:
1. Lump Sum or Annuity?
2. Creative ways to Minimize Taxes on Winnings? (Rich, a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2422333/small_1694575165-avatar-brandeny1.jpg?twic=v1/output=image&v=2)
I'm trying to find investors that'll want around a 10-20% cap rate or higher. I found a market where rents could be around 1.6k, single-house or manufactured homes that I'll wholesale. I just need contacts. I'll do it...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1103944/small_1621508936-avatar-stevenc202.jpg?twic=v1/output=image&v=2)
Hey Everyone,Do you have a different bank account for every property, or do you have one account that holds all of your funds? I’m assuming if you just have one account that you would need to have a well documented sy...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26108/small_1621363525-avatar-writergal39.jpg?twic=v1/output=image&v=2)
Can anyone give me an idea of how much the average Realtor makes in commission for a property?
(I know it depends on how much the property sells for... but can you guys give me an approximate % of sale price or dolla...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/wordpress_blog_post/image/15763/What-is-Depreciation-Recapture-and-How-Does-it-Work20230301-2-jremdy.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1105176/small_1621508957-avatar-stevenn47.jpg?twic=v1/output=image&v=2)
If you were faced with the challenge you have to make a million in the next 60 months without including your 9-5 W-2 job, what’s your plan of attack? Start to finish.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/178317/small_1695895286-avatar-vryheid.jpg?twic=v1/output=image&v=2)
Do you have to have different umbrella insurance policies for different categories? Or is there an insurance company that will do one umbrella and cover it all?
For example:
I have one umbrella for my h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/358998/small_1698271646-avatar-johngmckee.jpg?twic=v1/output=image&v=2)
I have a partner who owns land that is worth 2 million, He has 1 million loan on it.He is asking me to partner with him on the land to develop. In order to partner with him he wants me to contribute 1 million to pay...
I recently purchased a new primary residence and plan to turn my current home into my first rental property. I’m not expecting to purchase any more investment properties in the near future. With this said, is an LLC n...