Chase Bohannon
First rental and taxes
I bought my first rental property at the end of December and didn't collect rent or make my first payment until January. Is it worth getting a CPA to help with taxes or should I be safe for one last year of simple fi...
Rohan Nayak
Invest where there are existing rentals or more owned in a city?
When looking at a city's metrics - properties for rent vs. owned in an area. Would you be more inclined to invest in a place where majority of city occupants own? or prefer a strong rental area - competitive but you k...
Robert Sexton
Newbie Looking to Invest in Northern Michigan
Hello Bigger pockets Community,I am new to real estate investing and am considering properties in Northern Michigan, specifically in Newaygo County. I was wondering if anyone on here has any experience flipping or do...
Courtney S.
Using 2nd home equity to construct additional units
We have a multi-family property that we are exploring adding several additional units to. I also have a vacation home that I own outright. It seems the best option for managing the cash outlay for the construction o...
Daniel Alfandre
Building a house for parents - tax savings?
I am managing the construction of a house on an investment property my parents own. They said they would pay me a fee and split some of the sales profits with me. Any tax savings I can get on this type of relationsh...
Nasser Meikhaeil
New Yorker looking forward to invest and move to Sarasot, FL
New Yorker looking forward to invest and move to Sarasota, FL.
Naresh Hinduja
Home equity loan for new property investments
Whenever discussions come up to use home equity to invest in another new property one investor in our group is against it (but instead of putting in our own new money I think its a better option overall) any opinions ...
Account Closed
New Contract for Deed Deal (Numbers)
Hey all, looking at a new contract for deed deal and was hoping to get a second set of eyes on the numbers. This would be a buy and hold.Asking price = $125,900Down Payment = $2,900Annual Taxes = $1,500Annual Insuranc...
Cody DeLong
HELOC affect commercial mortgage?
Currently in the process of getting a commercial mortgage for a big multi unit property. I’ve had another solid deal come across my plate but it is all cash. I have about $100k in equity in my house. If I were to esta...
Gonzalo Escobar
Tearing down my 2-flat to build 5 townhouses
I own a 2-flat outright on a very large lot that I am planning on tearing down to build 5 townhouses, which will be sold after construction. The construction amount will be around 1.7 Mil. There are also some soft cos...