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My name is Parker Snow, I recently upgraded to pro, and just wanted to take a minute to introduce myself.
I am 23yo living in California working as a pest control operator. I have my Branch 1 and Branch 2 licenses wi...
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1. If you have started depreciating your property (which is based on the asset value not on the land) and you say, get it reappraised or you refinance it do you start the depreciation process over at the new adjusted ...
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...
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Many of us are intrigued by the idea of doing deals with Seller Financing (aka “Owner Financing”). We know it could unlock our ability to buy a lot more properties, a lot sooner, and with greater ease, because we coul...
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I am selling a self managed building currently. I am looking to do a 1031 exchange for next project and go bigger. Ideally I would like to find something big enough to warrant using a PM. I have always used the Rea...
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Does anyone know how many rentals a person can own before having to pay capitol gains tax? Or, is any gains on any amount of properties owned taxable?
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Hey BP,I have a townhome (completely paid off) and a condo with about $200k in equity. Both properties are worth about $550k. Should I take the hit in expenses and buy much better cash flowing properties in Texas? ...
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Hello BP Family,I currently own 2 SFR. One I own free and clear (House #1) and I owe about $28K on the other (House #2). The rent on the free and clear is $500 and the other is $675, so I am positive cashflowing on bo...
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Hi i am getting ready to sign a contract from seller, but i have a question. If someone can help answer this for me. What does Optionor grants this option for the consideration of one thousand dollar and other waluabl...
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I have two STR properties in the Gatlinburg area. Currently owe $13,000.00 on cabin #1 and $235,000.00 on cabin #2. Each cabin would currently appraise between $900,000 and $950,000. I am trying to decide if I shou...