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I can't say enough times how much I LOVE Bigger Pockets and the fact that I have a place I can come to and ask these questions without having to weed through articles on google from potentially unreliable sources. I n...
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Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...
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Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
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I was recently contacted by a motivated seller. Seller's mom passed away in 2013. The property was probated and he is currently the executive of estate. The property has no mortgage. There is a tax lien on the proper...
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Acceptable CAP rate for multifamily properties in Ohio is as follow: Section 8 or any other subsidized housing is minimum 7.5%. For Market rate properties it is 8.5%. Student housing is minimum 6.5%. A good property t...
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I feel like I see this everywhere where people on social media are boasting about achieving financial freedom in 2 or 3 years from real estate. Are they just leveraged to the max? I figure most people start out with a...
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In my planning for retirement, I estimate my family annual expenses to be about 100K. I want to know how much do I need to clear in rental income to be able to cover that.
Obviously, the depreciation should make the ...
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Ok, so I got the address to a property while driving around a particular neighborhood. To make a long story short, the lady who inherited the house (husband died in 1998) from her husband is now in a nursing home with...
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Hey BP,I'm here to get you guys opinion on if ALF's are a better investment than multi Family properties .. From my experience I'm starting to see better returns with these types of Investments .. Is there any ALF or ...
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I am mulling over an idea and I would like to hear other's input. For those that don't know, my mother passed away in April and they had a small family trust. I just found out last week that they have an active HELO...