Coe Davis
Market crash prep
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...
Amie D.
Bad Start or Bad PM?
Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...
Ray Hurteau
Help needed with COMPLEX deal involving 3+ parties (lease option & private money)
Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
Wendell De Guzman
I Am Thankful for Biggerpockets Because...
What are you thankful for Biggerpockets this year?For me I am thankful to BP because...1. I sold 3 houses to 2 BP members this year 2. I acquired a wholesale deal from a BP member netting me $28K profit3. I added 200 ...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Rubin Thomas
should I rent to a family with 4 dogs?
so my rental has been sitting on the market for a month and a half now. I've gotten a few showings but only one really interested prospective tenant who actually showed. everything on their app and credit report look ...
Christopher Bawiec
What is the most effective and efficient way to find a deal?
What is the most effective and efficient way to find a deal?I have tried a number of ways including getting a list on Fivrr, cold calling, driving for dollars, Redfin searching etc. but no deals thus far. I am wonderi...
Carrie Cathey
Cash Flow or ROI? Which number do you focus on most in an investment?
Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
Alex Silang
Why do you want to be superwealthy?
Just an honest question.Besides being able to "retire early" and maybe do a couple international trips a year, why do you want to acquire a massive amount of wealth? I used to fall into this category. But then I switc...