Ken Buck
Gifting Trailers to Tenants - Any advice?
Hello BP'ers -We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or exp...
Joshua Lane
Benefits of having a real estate license
Hey bigger pockets family. Can someone tell me the benefits of an investor having a real estate license???
Valerie Davis
House flipping
Good morning. My husband and I currently reside in Northern California. We just purchased residential property in Shreveport, Louisiana; Caddo Parish. We discovered that the property needs considerable rehabbing. We...
Sean Gasperetti
Starting out, aiming to rent out my current home. Any tips?
My wife and I have lived in our current home since 2010, and it’s value has grown by about $150k+. Looking into using a HELOC to utilize our equity and purchase another property. Our current home would become a rental...
Brett Laycock
Major learning experience
Investment Info:
Large multi-family (5+ units) buy & hold investment in Phoenix.
Purchase price: $600,000
Cash invested: $400,000
1950 drive-in motel. 90% gutted. Only the brick walls remained. N...
Brian Scott
Cost Segregation on a Personal to Rental Conversion
The tax publications say when converting a personal home to a rental, the basis is the lesser of the FMV or adjusted basis. 1. Is there any rule saying one couldn't do a cost segregation when converting, to bonus depr...
Ryan Thomas
Do people just pay contractors to do all the rehabbing for them?
When buying a fixer upper, if you have no experience rehabbing, can you still make money if you pay for all the work to be done? I may buy a rental out of state and don’t want to fly their to fix it up.I know prices c...
Justin Wallman
Self Manage Strategy
Hello! I was hoping that anyone who self manages can share their current business plan - specifically if they have 100 + units. Does anyone employ a full time maintenance technician? Do you currently provide a vehicl...
Roger C
Capital Gains tax rate
I'm a bit confused about how capital gains are taxed. I sold a parcel of vacant land in 2007 and I'm now calculating the gains, which are around $12,000.
I was under the impression the gains are taxed at a lower ...
Mateusz Piasta
Best service for screening tenants?
I have looked on bigger pockets, I am sure there is a section, or blog post etc about this, but I have not found it. I Googled and found TurboTenant?For those with multiple rentals, what service do you use for screeni...