Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Rod Lambe
I found a property to buy?
Hi BiggerPockets Team Members,
I took Brandon Turner's advice last night watched the "How to Invest in Real Estate as a newbie". It was great, joined the Pro Membership! I also drove by a property I would like to buy...
Whitney Moore
Went to first REIA meeting
So i went to my first REIA meeting on Saturday and honestly I still am a little confused..Let me give a rundown of how the day started...I go in register and get my name tag.. And because there was not enough seats I ...
Rodger Curbelo
What would you do? 575 Credit. 20k in Savings, ready to buy.
Context: I have bad credit. My fiancée has good credit. I have proof of income. She doesn’t work. We have 20k in savings, we’re ready to buy. Question: What would you do? How would you actually go about making this ha...
Bill Dengler
Confused "Highest and Best Offer"
So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
Nathan Gesner
Eviction moratorium hurts the little guy
https://www.seattletimes.com/b...This is an excellent example of how the eviction moratorium hurts the little guy. Immigrants, minorities, women . . . These people are trying to make a better life for themselves in th...
Josh Dotzler
Aligning Investor's Goals with Property Manager's Goals
Hello BP Investors,I have been in debate with another property manager about the merits of an alternate pricing strategy. I would like to hear the opinions from investors and other PMs out there.Typical PM Charges for...
Andrew Ashby
I did it. I have 4 units, I quit my job, and I got licensed
I did it. I took the leap. With only 4 rental units (2 SFRs and 1 duplex), I quit my six-figure job in pharmaceutical sales, got my real estate license, and moved my family back to Florida. How did I get here? I'd say...
Valerie Smith
Painting cabinets-BRRRR return on investment
Looking at a duplex listed for $106k to BRRRR. We think it could maybe appraise around $130k ARV. It’s in a B neighborhood. They have 90’s oak cabinets with off-white Formica countertops. One thought is we don’t want ...
Ashraf Farrag
Thoughts on converting my rental property to a lease option?
I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...