Rick S.
Capital Gains Split on Sale of Rental
A partner and I are selling a rental SFR. We own it 50/50 and have reported all income, expenses and depreciation on our tax returns 50/50 since we have owned it. We would like to split the sales proceeds 70/30 to giv...
Drew Denham
New GC for roof wants full payment upfront?
I need a new roof on my latest flip, NEW GC said he wants the full $6100 down because its not my primary residence. He won't sign the invoice until its paid in full (and I live across the state). I called one referenc...
Pat Clancy
Rental cash flow in a sideways market
Hi all,First off, I'm a new member. Looking forward to learning more and sharing some of my insights.I currently have one investment property, condo, generating $1,700/month with a mortgage/HOA around $1,000. It's bee...
Jerryll Noorden
I think we just made 165K
Hi hi, My name is MSOOTKAUGJust finished my first flip!I once saw a question here that asked "how much money has Bigger pockets made you?"$165K End of my success story!Thank you all.well..(not counting the other whol...
Monica P.
Getting engaged after purchasing primary residence
Hi there, I just closed a week ago on a primary residence that is my first home purchase. It is a 4-unit building and I was planning to live in one of those units (per the mortgage contract, I need to move in within ...
Brittany Young
First Opportunity to Invest, Should I Go For It???
I'm a new member here on BiggerPockets. I've had a passion for real estate investing for around 5 years now. I'm 26 and my husband and I want to be involved in real estate investing SO SO BAD.We just opened a moped/p...
Luis Reyes
First time renting out my home in Northern VA. What to expect
Good afternoon BP! This is my first time I will be renting out my home. My property is in Northern VA and i would like to ask the community what I should expect. I know i know i need to search more on the forums to ge...
Brian Bistolfo
Cash-out Refi: Terms and Timing
Hi All,I'll be needing a cash-out refi on a rehabbed investment property in KC in a couple months. Property is bought in cash so no loan on it currently. Haven't gone through this particular process before so I'm won...
Kelly Rastatter
1 BR Septic Permit on 3 BR House - how do I fix this?
I have a deal I am trying to do my due diligence on. The septic was permitted for a 1 bedroom tank and the house is a 3/2. The wholesaler notes the septic tank is too small and needs to be replaced with a bigger one b...
Tony Wooldridge
WHY CAN'T CONTRACTORS JUST DO WHAT THEY SAY THEY WILL DO????
I first must apologize for screaming at all of you in the title but if you have any experience or can relate to the title at all you know why I am frustrated. This is nothing more than a venting session on my part an...