Serkan Durmus
How do you structure your partnerships?
I'm looking into getting started in real estate investing. Been reading some of the content here, listening to the podcasts and also watching some youtube videos (biggerpockets, stephen graham, meetkevin). I'm still l...
Nate Bartow
HUD homes
Hi All,Has anyone had any recent success buying a HUD home for a decent price? I am new to this type of property and my realtor is telling me he hasnt seen many investor deals go through recently. He says he has had s...
George Turner
Owner Occupied Property Analysis using FHA (Akron, OH)
Hey all,My name is Tre and I'm just running the numbers are properties. Figured I would post this here and see what you all thought.For this MF, they are asking $129,900 and I would use an FHA at 3.5%.Income:Rent - Ma...
Chris Martin
$0 tax due with $109,250 adjusted gross income - it's LEGAL per 1040 Instructions
To me, the most important tax worksheet is the Qualified Dividends and Capital Gain Tax Worksheet on Page 36 of the 1040 Instructions.
Line 9 of the worksheet says: "This amount is taxed at 0%" What is line 9? It's (...
Yan Garcia
Ways that a PML Gets Paid
I'm a bit confused on how a PML gets paid. I understand they get paid by interest payments but it seems to be a slow return. A $20k loan, 30 months, 9% is coming at ~$2400 in interest. That won't be appealing to my mo...
Ryan Bakerian
Seller Financed Refi Questions
Hi had a client approach me about a question I wasn't sure the answer to. He was looking at purchasing a seller financed house with a 5 year balloon. At the end of the 5 year balloon he is looking to refinance the pro...
Account Closed
$2,500 De Minimis Safe Harbor Election - per project or total?
Hi everyone, I closed on a property last week, listed it for rent the day of closing, and am performing some minor changes before it is rented. Based on my understanding of @Brandon Hall BARRRR stategy, since the pro...
Robert Collins
what would you classify as A,B,C,&D neighborhoods of Atlanta?
what would you classify as A,B,C,&D neighborhoods of Atlanta & Surrounding areas ? I’m trying to learn my areas and I figure I would ask bp to correct me if I’m off, I assume Buckhead would be a A class Smyrna...
Ira Roach
Contract Information
Help! I am fairly new to the real estate investing business and I wanted to try wholesaling. I currently have my first property that I am ready to put under contract but I'm a little stumped. This property fits the 70...
Shannon Sadik
4-plx in A+ neighborhood, will be owner occupied. Is this a good deal?
Hi, I'd like your advice on a buy and hold I am contemplating purchasing. It's pre-MLS, so I have to make a decision fast. Asking price: $499k. Lender requires 25% down for a 4plex with conventional financing, or I ca...