Tom Smith
Will buying condos in cash always cash flow positive?
Will buying condos in cash in any market always cash flow positive? Any cases where buying condos in cash would not cash flow positive? Is the return for condos better if financed or purchased in cash?
Matt Pich-Maxon
New member from Big Bear, CA
Hello, I am new to REI. I am interested in wholesaling, local tax lien sales and long-distance buy-and-hold opportunities. Currently, I work as an educator.We just bought our first home in October 2017, and although i...
Evan Derheim
Seeking California Real Estate CPA For Out Of State Investment
TLDR; any real estate CPA recommendations? Hey BP, I live in California and I am buying an investment property in WI. I'd like to talk with a real estate CPA. I'd like to know what tax benefits require an LLC and what...
Allen W.
What to do with cashflow?
Hello all,I have 1 rental and it cashflows well. But, like everyone else; my goal is to have multiple properties.At what point did everyone begin to enjoy the fruits of cashflow rather than save it and roll it towards...
Robert Palladino
Home Equity Financing Options
Hello All,
This is my first entry on the BP forums, and my first move into real estate investing. I'm not a finance guy so I’ll try to stay coherent. I bought my current home in Philadelphia back in 2012 for $130k, a...
Hugh Wagner
1031 Exchange Question
I purchased a house in 2010 and sold it for a large gain with a 1031 Exchange last year. The exchange was done on 4/5/19 for a large lot which cost a total of $270K. The large lot was subdivided into 3 smaller lots,...
Ben Gammon
Sole Proprietor owner occupied multifamily TAXES
Hey There! First year as a real estate investor. How do I file my taxes? What forms do I fill out? What can I claim? I bought a vacant, uninhabitable fourplex foreclosure from HUD in Cincinnati, OH in December 2016 a...
Norman T Eng
Hard Money vs. HELOC
Hello all,
I'm thinking of rehabbing a house. If the rehab costs, let's say, $80k, and I want to take out a loan. Is it better to do a hard money loan or a HELOC?
Justin Foster
New member from Anchorage, Alaska
Hello everyone,
My name is Justin Foster, I'm 22, and I live up here in Alaska. I'm going to college, but I don't want to rely solely on getting a degree and working for other people. I've been interested in investin...
Account Closed
First real estate deal
Last year I stumbled upon bigger pockets after deciding I didn’t want to work for someone else for the rest of my life. Today I got an offer accepted on my first real estate deal(seller financed) in the Indianapolis a...