Victor B.
How does accelerated depreciation work + request for resources
One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
Merrill Delimont
Reinvest my monthly rental income to avoid claiming it on taxes
I have recently bought 1 property, and am in the process of buying the second one. The first home collected rent December 1, and I earned 500 over what I owe. My second property should make 700 each month. My plan ...
Michael Furey
First flip! What are main things to look at?
I’m getting ready to purchase my first fix and flip in the Savannah area and found something that could be good. I’m going to look at it tomorrow and was wondering what are the main things I should look at to know if ...
Lisa Monroe
Short Sale Question
After I negotiate a short sale, can one of my options be for the owner to refinance and have my fee taken out at closing? This way I would be helping the owner and they could stay in the home. And then I would have a ...
Angel Arr
Lawyer for LLC setup in Pennsylvania living in New Jersey
I need a recommendation on a lawyer in PA in Lehigh Valley to setup an LLC. I read I need a business agent in PA. How long does this process take? How much should I set aside for a lawyer?
George Barboza
Multi-unit property investor
I would love to start diving into the wonder world of Rental property investing but I am mot too sure how to start my approach. I live in Colorado where its hard to start if you have little to no money, because of how...
Gage Holmes
Seeking Advice on best way to start getting to work
New to being a member here but long time listener. I am wanting to get into flipping or renting houses in the next year or so. I am currently 21 and have 50k saved up.
Looking for any advice on a good place to start...
Raymond Wu
Refinancing hard money structure to allow for a FHA loan
Hello BP community,I’m a young engineer and just moved to Connecticut for work. Graduated in 2015 and want to begin investing in real estate.I recently just purchased a multi-family house (4 units) last month using a ...
Andrei Zharov
Vacation home + STR in SW FLorida
Hey fellow BiggerPocket investors! I would appreciate your help identifying the best short-term rental property acquisition strategy in southwest Florida. I am particularly interested in properties located within 1 ho...
Nathan Frost
Tax Sales / Line of Credit
Hi all, I am trying to understand this process as an investor. If I have a line of credit how can I purchase a tax sale home at the courthouse? I understand you use the LOC as cash but what can I do after that? Say...