Griffin Goudreau
Florida Rentals - Income Tax Obligations
Hey BP Community,I recently picked up a rental in Florida. I previously understood that there is no state income tax. Does this apply to rental income? Outside of property taxes, what other tax obligations should I be...
Jason Dubina
[All You Can Analyze Weekend] Evaluating old landlord’s property
Hello Bigger Pockets Members,This is my first post and my first property i am looking to buy. I am trying to use the advice of removing emotion from the deal and sticking to the numbers. I use to live in this proper...
Andrew Carlson
Are you growing deep or wide?
“Growing wide” meaning, using a lot of leverage to accumulate a lot of units, scaling up quickly. “Growing deep” meaning slowly growing your portfolio by using less leverage and aggressively paying down debt. Each me...
Dennis Wasilewski
2-unit BRRRR project in Philadelphia, January 2019
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $55,000
Cash invested: $30,000
BRRRR:
Bought for $55,000 and invested approximately $30,000 in renovations....
Jon Lopez
First home purchase in 2009.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $317,000
Cash invested: $30,000
Currently in the process of selling to pursue acquiring rentals and home flips (B...
Roy Coons
Creating an ADU in basement
We recently purchased a 6000 sqft house as our primary residence in Everett Washington. The basement is 1700 sqft and we planned on making it a 2 bedroom 1 bath ADU. We have engaged a contractor and he contacted the c...
Daniel Pitta
Investors and Realtors in Southern MD
I'm a newly licensed RE agent in MD and looking to network with fellow realtors and investors in the area. I've lived in Montgomery County but recently moved to Calvert county and have very few contacts outside of my ...
Ty Thomas
Anyone Investing in Condos in Philly outskirts??
I found a pair of condos in the Springfield/Folcroft area, just outside of Philly. They're asking $175k for both.I've never analyzed a condo investment before. Anyone have tips? Things to look for? Am I missing pitfal...
Mil Sanghvi
PORTFOLIO LENDERS WITH LOCAL UNDERWRITING???
I have a duplex under contract that cash flows really well. My community bank with portfolio loans and local underwriting in south GA will not finance this deal because it is outside of its foot print. Duplex is Atlan...
Shawn Turner
I'm a new member, I bought my first duplex on Christmas
I bought my first duplex right after Christmas!
It's vacant right now.
Should I supply the blinds?
Any advice for a new investor?