I am eyeing a property to potentially buy and do a full rehab on. The 2200 sf home sits on .60 acre lot in a neighborhood with all similar sized homes and lots. My question is...Is that too big of a yard to expect a t...
This question is mostly for syndicators or those who would like to think about it. I think it was 'not that difficult' for GP in pre-2021 if you purchase Apartment complex with a cap rate of 5% and interest rate of ar...
This is my first wholesale deal. I opened escrow on a home using my name on the contract and in between opening and now I’ve established an LLC. To avoid some taxes I asked the escrow agent if I could change my name i...
Hi, I am looking into purchasing mobile park in FL. I do not have experience in commercial real estate transactions. I am from Buffalo . Should I find a local agent or use a lawer? I will appreciate your recommendatio...
I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and rev...
All:I'm trying to decide find the right CPA firm? I'm a newbie, about to buy a MFH (which I already have an attorney for) but would like to set-up a legal entity, do my tax returns, and build a long-term relationship...
Appraisal came in way low in zip code 39209, Jackson, MS.
Paid $90K in May 2019, at the time appraised for $95K. Getting refi now, the appraiser says it’s worth $70K.
There were multiple things wrong with the apprai...
Hello , I am brand new to Biggerpockets and to real estate investing , but I have done a lot of research over the past few months and I feel I am ready to take a shot at it . I am looking to start out in Wholesales an...
I am purchasing my first rental property in Memphis, TN (Bartlett area) and am trying to come up with the numbers for that area for capex that I should be setting aside after a rehab (assuming all the items are new, w...
Depreciation(almost 35% of income), taxes(almost 35% of income), mortgage interest(almost 40% of income) lowering tax return this year taking my business income to negative value. Last year also it lowered to much mor...