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Hello BP members! I’m new to the investing world, I mean brand new, I have not done a deal yet. I have read almost every book out there and listened to more podcasts than I can count to get ready for the big day. I...
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i own a home free and clear. i have been renting it to a man for 3 years. he has always paid. sometimes late but always paid. home value is around 40-45k (assessed value 54k). rent is 750/month. some months when...
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Hello All,
I have been wholesaling in the DFW market for 8 months. I'v made a handful of sales, mostly in the last few months. Now that most of my 'buyers' are working on projects, I am focusing on building m...
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I have 5 Single Family Homes with 5 separate mortgages that I am thinking about refinancing into a single loan (loan bundling). At the end of the year how would the interest be reported on Schedule E? Would the intere...
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Hello everyone!
My name is Michael Shoniker and I'm a new member out of Charlotte NC.
I've owned a couple of rentals and am looking to put some extra capital to work by finding mostly flipping opportunities, but a...
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I had a mixed use property in the past. 1 commercial use and 3 apartments. I had that set up under a LLC. I will save the details but lost that property in a divorce. Fast forward to present - I will be closing on a s...
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Hey all,
My name is Peter. I'm a carpenter from the Kansas City area (Lees Summit, MO).
I was turned on to BiggerPockets a few months ago and have been listening to the podcast ever since (a lot).
I do not own rent...
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I have a house I was going to flip. I am now going to keep it and rent it out.It is in my 'active income' entity. I've only done 2 flips in this entity, and it's not tagged as a dealer yet, but it will be some day.I...
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Hello Bigger Pockets!
Like many people have done before me and will do after, I’ve spent too much time reading the forums, listening to all the podcasts and reading the books without introducing myself and getting in...
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Hello!So, I’m new here and getting started with wholesaling in the Greater Detroit Michigan area. I’m not opposed to some bird-dogging as well!While I haven’t gotten anything under contract yet, I’ve managed to land a...