Caten Murphy
Glamping Resort - Where to Start?
Hey everyone!We are in Charlotte, NC and have come across the opportunity to purchase 22 acres in the NC mountains (2 miles from a main mountain town) with a preexisting cabin in beautiful condition, a pavilion with a...
Brian Roberts
First self generated deal!
Well it has been a few months of hard work and perseverance but I finally closed my first wholesale deal here in Phoenix, AZ ($18K) in the first week of May. Here is where it all started... I had been passed on an ex...
Aaron Nelson
Looking forward to learning!
I have been a Realtor for about 3 years now and am finding investing in real estate to be an enjoyable learning experience. Looking forward to the advise you seasoned investors have to give and to giving back when I ...
Melanie Baldridge
What the "in-service" means
When thinking about depreciation it's not about when you buy the property, it is when you "put it into service."
When you buy determines your short/long term capital gains.
The "in-service" date = The point in time ...
Derek Luttrell
Neighbor to SFR insists on being involved in screening process
Hi there,I closed on my sixth buy and hold rental recently, and had my first Open House for it this past weekend. Today, I received multiple calls from the next door neighbor, and he is insisting on having a say in t...
Trevor Murphy
BiggerPockets Community Thoughts On Interest Rates
I'm curious what everyone's thoughts are on interest rates for the short term future (6-12 months).It looks like the fed is getting more aggressive with there narrative on tapering and raising interest rates.I'm plann...
Patrick Reagan
Multifamily Rentals: Cash flow or "safety".
Am finding the better cash flow is in the tougher neighborhoods and would appreciate thoughts on the matter.Stay away from the tougher areas?Am looking in the Newark,NJ Jersey City,Elizabeth areas.
John Vietmeyer
Multiple mortgage payoff strategy
Snowballing certainly has its benefits, but i’m wondering if there is a better way to reduce total interest expenses.Given that that 2/3 rds of interest is paid in the 1st ten years of a 30 Fixed mortgage, there is a ...
Matt Wells
Should I BRRRR my rental property? Please give me some advice.
My rental was purchased at $117,900 + rehab costs of $17k. I put a 20% down payment on the property with a 30-year loan at 4.5% interest. Closing costs were $5k. The rehab was paid in cash. My intention was not to BRR...
Mike Whitaker
Tax deductions for losses within my LLC
Hello everyone, been lurking for a while now. Now I have a question, hopefully in the future I'll be able to add to this forum.
I formed an LLC last January, bought a house to fix and flip in July (could my timing ha...