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Im a single parent and investor with 4 rental properties. Three have been paid off in the last few years and the last payment on the 4th home will be February 2017. House #1 appraises at $94,000 with $1,000 rent, #2 $...
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I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently t...
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Since the pandemic started in March, the government has passed a number of programs, extended some, etc. I particularly am looking at student loan repayment moratorium, mortgage forbearance, EIDL loans, PPP, SBA loans...
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In end of October 2019, I purchased a 4-plex for $175,000 in Cleveland but my appraisal came in for $245,000 at that time. 10 months later now, I want to do a cash out refinance but the appraiser this mortgage company...
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So I have an opportunity to be a part of a small group that is buying a 3 unit apartment building. I have done a lot of research online in the past, and purchased a condo for myself a couple years ago. I'm looking f...
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Hi BP! My name is Tony Scarangella and I currently live in Queens, NY. I’m a newbie investor with exactly zero deals under my belt. A little about me and how I found the community...For the last 10+ years I’ve worked ...
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Hello,Im looking to take the leap and start investing using the BRRRR strategy here in Central, New Jersey.I have read multiple BP books and feel like I have a good amount of knowledge. While i have lots and lots of m...
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Hello everyone!
I've been a listener of the BiggerPockets podcast for about a year and have been reading up on several online articles and started collecting book recommendations to better prepare me for this journey...
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I'm a very experienced investor, but pretty new to BP. Two times I've had posts removed by moderators for "advertising content." In neither case did I advertise or self promote. In one case I simply gave the names of...
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Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?