Since it's so hard to collect from tenants who owe, or in some cases not really worth trying to collect, I would like to know more on being able to use the 1099-C "cancellation of debt" form. All responses appreciated
HelloI started my real estate journey 4 years ago, purchased a few properties every year, my current portfolio includes 17 units with a monthly cash flow of $8K, now I am trying to figure out my next step. My initial...
Good afternoon!First off, I want to say thank you for reading this and spending your precious time helping me out. I'll start by laying it all out there.As most of us here at bigger pockets the idea of working until 6...
I am going to spill my guts and provide you with as much information as I have. This is for a personal residence and not and investment property although our current home could become a rental property.
For starters...
Hello BP Community!
I have just purchased my first home in the Northern Virginia area and plan to house hack the property with two other roommates for the next two years. It is a three bedroom townhouse in an appreci...
Hey, y'all. Long time lurker here. I'm currently in a pickle and need some advice on how to approach my goal of getting into real estate investing. I would love additional perspectives to make sure I'm thinking of all...
How do I get my husband on board with the BRRRR method? He is a Dave Ramsey guy 100%. Please help, thank you.
I'd like to have an organized system where I can input each property's market value, current debt on property (amortization schedule would also be useful), income and expenses? It can get confusing trying to keep trac...
Will building a real estate porfolio of positive cash flowing properties lower my debt to income ratio? And thereby limit my ability to purchase a $1,000,000 2nd home?
I own a primary and 3 positive cash flowing ren...
A very common question that we get asked as our clients get ready to buy a home, is what is the difference between pre-qualification and pre-approval? Are they the same? Is one better that the other?
The truth is the...