Jared Cauffield
Why do you invest in real estate?
Whats up BiggerPockets!I have a question for you all:Why do you invest in real estate?I want to hear from all the investors on here and learn what is the biggest driver for real estate investors. I think one of the b...
Raquel Baranow
IRS is Auditing My Real Estate Business
My business is buying vacant land, cheap through tax lien foreclosure and then selling it. I own 125-vacant lots. Business is BAD, I haven't made a profit in years. I was holding some of the lots for investment but th...
Steve B.
How can I get started in Notes (without buying the seminar)?
Yesterday I attended a local REIA meeting which had a length presentation about why we all need to get into notes. And it came as no surprise that there was also a length pitch about the note training session coming...
Benjamin Sulka
Paying a Contractor Before the Work is Done
BP, Recently, a friend of mine was having his flooring replaced and he paid the contractor IN FULL before any work was done. The contractor now won't get back to him and hasn't shown up for work two days in a row. I w...
Frank Lodge
Bookkeeping do it yourself or hire
Hi BP members, am hoping the brilliant minds here can help me out once again. I did a search in the forum on bookkeeping and only three questions came up on bookkeeping none of which got a reply so here goes the fourt...
Sundone Boutvyseth
LLC for STR?
Just bought my first investment property and will be using it as an STR. I'm debating on creating an LLC when listing my rental. Has anybody else done this? I'm doing this to protect me if any accidents happen in/on t...
Rich Weese
Taxes, Taxes, taxes!!!!!
I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...
Jesse Kailahi
Selling Our Only Home for $170k Net... What Now?
Hi! I'm 30 years old, married with no kids, and live in Sacramento California. I have a stable 9-5 and she is a new nurse. We gross about 100-110k/yr and we have roughly 40-60k in retirement accounts and other assets....
Rich Weese
Rehabbers
If you are still in the rehabbing business, are you using borrowed funds or your own money or joint venture? If not your own funds, % for JV or rate you're paying for borrowed funds? After paying for borrowed funds , ...
Daniel Warren
tax implications from small apartments
a local deal popped up in my hometown for an 8 unit apartment. works out to a 15.6% cap rate. has 4 2br/1 and 41br/1 and rents are 400/300. 3 empty atm but he says he has calls all the time and stays full most of t...