My lawyer recommended talking to a CPA about my rental properties. I've never used one before (I've done the itemized deductions by myself once--last year, with Turbo Tax--for my rentals).
Do you typically have the ...
Everyone always wonders why people get stuck in analysis paralysis. Fear of the unknown and fear of going into debt. I've been on Bigger Pockets for what seems like years now. I read so much information and then just ...
Okay so there is this guy, he wasn’t very wealthy at all. And now he owns multiple high rise apartment buildings. And is loaded. My question is after he got the first one. And paid all that money. How did he afford to...
Hi All!I was planning to buy my first rental house at $300K with 50% down, and after just talking to a banker from Chase private client, there's seem to be a better way to do that.My current primary house:Value: 1100K...
Please excuse the long post. I searched high and low about the tactical steps involved in doing a “subject to” deal and it took a while to learn and document the steps. So I’m laying it all out for the next person a...
Thank you in advance for any help you have to offer.
I found a motivated seller, and I'm sending him an offer contract tomorrow.
Here's my question. Normally, do wholesalers give the seller a deposit? (...
Hello Everyone!Decided to revamp my subject line- the typo in the first one made me a bit crazy. Thanks to my big brother @Allen Kimble, I am excited and happy to be posting for the first time after months of reading ...
My New Jersey lease strictly states the tenant would be responsible for paying the gas. They have not paid the gas bill for months and I am wondering if this can be grounds for eviction. They are however paying the ...
Hi! I will be closing on my first house in less than a week out here in the Phoenix area (house hacking of course) where I will only be paying $200 per month on my mortgage (would be less but I’m helping my brother ou...
I found Rodney’s write-up of his deal incredibly helpful, so I wanted to give back with one of my own. Thanks for the inspiration!
Background
A little over a year ago, I was working in the entertainment industry in ...