Larry Alexander
ETF over Mutual Funds - Seriously?
Before I test the waters with my 30K, I want to be sure I drop it in the right bucket. I was all hot to invest in mutual funds after listening to Dave Ramsey's podcast on YouTube. Today I read a long dissertation on h...
Del Crockett
What are standard terms for house flip investments?
Hey all! As a current buy and hold investor myself, I have recently started to field opportunities to invest in flips (as a cash partner). As purely a cash partner/investor in a flip scenario - what type of terms are...
Ryan Maes
Condo Inspection - HOA-related repairs
Quick question for anyone who has ever purchased a condo (buy and hold) for rental purposes. I recently went through an inspection of the unit/building and there were some minor water leaks (slow drip) in the basement...
Billy Daniel
Depreciation vs Expenses
Hey BP! Given that it's tax season, I've been looking over strategies that I can use to reduce my tax burden. For those who rehab properties, how do you report your expenses? Can I write off my entire lumber bill a...
Vincent J Brunori
Question? How to minimize capital gain and retire?
Question? Trying to purchase 4 properties (48units) from a long term investor who is looking to liquidate her portfolio and retire. They would like to finance the deal but would want to minimize capital gain. The sell...
Katie Miller
Any STR hosts seeing a drastic drop off in bookings?
Hey all!Getting the sense that COVID is scaring off travel again -- after next week our bookings in our short-term rental are drastically lower than the rest of the summer. Is it COVID? Or is it school starting up aga...
Shayne Hastings
NEED ADVICE: Boiler Replacement - Alternate Solutions
Hey all!My business partner and I have a 5-unit property and we have run into some issues with the boiler the last year or so. We are getting absolutely killed on the utilities each month because we pay for water and ...
Gary Hardwick
Looking for some Options
I'm in a bit of a conundrum. My wife and I purchased 10 acres in Rockford, MI back in January of 2021. We closed on a construction loan to build a 5000+ square foot barndominium. However, we picked the wrong contracto...
Matthew Scheeler
North Carolina Security Deposit Questions/Return Letter
Good morning everyone, have been a long time lurker of bigger pockets. Really appreciate all of the wonderful info on this forum. I have a tenant that recently moved out after 5 years (North Carolina). He was smoking ...
Joshua Guidry
Legal Zoom Contract Help
Does anyone have experience with Legal Zoom on getting legal advice or creating legal documents? I recently engaged my local attorney who specializes in construction to develop a residential purchase agreement and co...