Blaine Stolpestad
New Member From Huntington Beach, Ca
Hello!My wife and I are exploring real estate as an income source to help us pay off our student loan debt and achieve the lifestyle we want. I realized some time ago that I would not be able to reach my financial goa...
Phillip Smith
Wholesale Deal and finding Tax information
Hi BP,I have a potential motivated seller with home close to University of Houston.2 bedroom 1 bath 800 sfLot: 5000 sfTax Assessor: $55,652 1940sIts hard to pull comps as most homes are larger but the median price in...
Chris Martin
Trump's plan changes the pass-through nature of an LLC?
It just sunk in for me. Can someone with closer ties to taxes verify this? I saw this Forbes article which states: "Trump has proposed cutting the corporate tax rate from 35% to 15%. Significantly, this proposal would...
Dan Verdick
Line of Credit for Down Payment
Hello,
We have our house paid off. At the time of paying it off we took out a line of credit back in 2011. I am looking at rental properties and thinking of using a small portion of this as a down payment. We...
Disia Page
Los Angeles House Hack w/ 100% OPM
This is what I want to do. I want to apply the BRRRR strategy to a house hack. A lot multifamily properties in Los Angeles exceed the FHA loan maximum criteria (no surprise). Right now, I do not have enough cash for 2...
Eric Derer
Starting Local or Long Distance?
Hi everyone! My name is Eric and I am looking to get started in real estate investing. My ultimate goal is to own enough doors to replace my 9-5 income and become work optional. I have a long and exciting road ahead t...
Sumit Sehgal
Loan/title in own name vs LLC
I feel like Bigger pockets would be an ideal place to get some answers to this question:I want to use leverage to buy my first investment property (single family home).How do you guys go about the initial setup:Take m...
Madeline Sarad
[Calc Review] Help me analyze this deal
View report
Short version: I am new to analysing deals - can you help vet my report here and tell me if this looks like a good deal? I think it does based on my limited understanding, but would love to validate that ...
Devan Mcclish
Need help on this probate deal!!!
a homeowner called me from a yellow letter I sent out. He lives in California and the house is currently in probate. The court has ordered the house to be auctioned off at the end of this month, but he would rather se...
Jeff Cliff
How to decide on the size of an ADU?
Hello,I am currently rehabbing a property in central coast California. In addition yo rehab work I also want to build an ADU. The lot size is approximately 10K sq.ft and the existing house size is about 1670 sq. ft. S...