Steven W.
Lease to a Airbnb investor?
Biggerpockets Community,I'm hoping you can help me. I am finalizing the renovation of a property and looking to find a renter. I've always rented long-term and have no experience in short-term rentals. I recently rece...
Heath Jones
Should I fire my CPA?
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
Asad Shaikh
Joint Venture Partnership Structure With A Builder: Thoughts?
Good day Biggerpockets,I apologize if this post is lengthy. I think full context is helpful to receive thorough feedback. I live in Florida and am a licensed real estate agent. A year ago I had the observation that ...
Lieren Schuette
Where Do You Save Your Money?
Hello everyone! I am a new investor in the process of building my real estate savings, and I'd love to hear where everyone is keeping their own money while waiting to invest it into real estate. I want something wit...
Damien Lee
Did I do something wrong? ATL, Ga Deal Analysis (awful returns)
Hi all,
I've just recently started looking into real estate investing and wanted to go ahead and start posting the deals I analyze. I’m currently not looking to buy this home (you’ll see why if you read) but I am loo...
Muinda Gueston
FSBO Not getting any prospects
I put my home on the market 15 days ago, hired a real estate attorney, and recently paid 500 for MLS. Been listed on MLS for 5 days and I haven’t received any calls from agents to have a buyer tour. What am I missing?
Will Mejia
Just sold a Rental Property. IRS is going to kill my gains help!!!
I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...
Matthew Stover
Help me understand this deal and 50%, 2% rule
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
Katrina P.
Problems with tenant BEFORE she moves in...HELP!!!!!
Hubby and I have multiple units out of state in Michigan. What that said, we have contractors doing the work for us, and overseeing things, while they communicate with us. I just had someone sign a lease on Monday, ...