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Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
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I'm curious to see how many people actually have enough deductions to not pay any income tax on their cashflow at the end of the year? If you own buy and hold properties, do you pay tax at the end of the year, or not?...
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To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
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I listened to the bigger pockets podcast episode with Grant Cardone today while at work. The number one point I took from him was to go bigger. Just when I think I have my investing strategy figured out starting out w...
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
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Hello fellow investors! I began a post a few months ago in regards to a new construction project I will be starting soon and after all the great input I thought it would be nice to start a journal in order to help ne...
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Hey All -
One of our upcoming projects is to update our influence system to one that better reflects a user's influence on the site.
We will be transforming the system from the current limitless influence scale to a...
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I was once a buy and hold investor. Then one day, my light was turned off by the power company, in the house I lived in.How could that happen? I had 40 houses, but I was always robbing Peter to pay Paul. Edison, the p...
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