Earlier this year (January), my father passed away and I inherited 14 units (7 structures) free and clear (C propterties). I live in AZ but the properties are in IN so I have hired a property management company. And t...
My mom bought a condo for 150,000 over 10 years ago. Probably worth 190 today. She has rented it out for several years and now wants to give it to me. Shes figuring she will have to pay about 30,000 in capital gains t...
Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...
Recently since listening to an older biggerpockets podcast on a member who would syndicate large apartment buildings and any other deals they wanted to purchase I was really intrigued by the idea. A large reason becau...
I quit my job a year ago and spent the last year flipping and building my rental portfolio. I can't say I'm upset with the way things have gone but I need a steady income to keep everything moving forward. I got my ...
How does one decide how much capital to invest in their first deal? What percentage of your total assets should go towards a down payment for deal #1? I feel I should plan for the worst and be as conservative as possi...
I am looking for input on methods being used to quickly qualify or disqualify properties. Spending a lot of time running numbers and wanted input from the community on what key metrics are being used to evaluate a pro...
Hi, Bigger Pockets Family!First and foremost, I'm brand new to the forum and excited to be here & to get to know you :)Prior to the coronavirus shutdown, I had been looking for a home to purchase in San Diego (pre...
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Hello allI am currently at a fork in the road! I unfortunately was very uninformed/uneducated when I made some decisions in terms of college. Because of that, I now am in 80k of student debt. I know this is asked ofte...