Hello,
My family and I control a parcel of land in Reno, Nevada in a well established area of town (South Virginia and Gentry). It has been in my family for many years and is owned free and clear. I am hoping to ...
Hi guys,
I am from Germany. In the process of committing to my first deal. It's an owner financing/ rent to own.
Situation:
The owner is separating from his wife and hence wants to sell his home. They bought the home ...
Hello BP family! I am starting to wholesale here in tampa Florida and i currently have two deals under contract. I want to knoe more about the 70% percent rule so i can make sure my numbers are including everything. S...
I want this to be completely transparent for accuracy. I have not calculated my expenses yet but my W2 reported income was $73,380. I grossed approximately $13,000 this year on the rental properties. I understand that...
I'm looking for resources on calculating/planning for early retirement that add equity in real estate into the calculations. Our monthly cash flow from the real estate is not significant, but we have a great deal of e...
Background: I bought my place in July 2020. It is my primary residence for almost 2 years, however on the title of the home my brother is listed as 25% owner. We would like to sell the property in order to upgrade to ...
I spoke with an accountant who recommended I compare a 5/1 ARM vs a fixed rate loan in a spreadsheet. They said many times the ARM is the better option since less money goes to interest and you get lower payments whi...
Good Afternoon BPOk so my research is coming along well, Im more comfortable with presenting the information to Investors then I am with how to sell myself to the seller. I will hopefully be moving on my 1st wholesal...
Hello! I'm new and excited to have found Bigger Pockets, so far I'm enjoying reading all the content and learning a lot. I come from a background where my parents have always owned rental properties (~20), so I know a...
I can't deduct depreciation of rental SFR as I does not qualify as "active" real estate investor because I have full time day job and SFR rental is only part-time.When I sell this rental SFR, I recapture depreciation ...