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Hey Everyone,I have an interesting situation. I have rented to this lady in the past and she is a good renter. Now she is wanting to rent from me again, however, she is married now but separated from her husband. So t...
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Nice article about about an investor that followed @Robert Abasolo foot steps and built a tiny house in Joshua Tree and is cash flowing $8.4k/month. They even moved in with their parents and still kept the W2 job to s...
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Hello wonderful BP community, Spouse and I are looking to get started in the STR business. We are new to RE investing in general (so far our only RE holding is a passive LP interest in a RE fund). We are trying to fol...
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If you are planning on holding a property for a long time (multiple refi's, legacy hold, etc) Is it still worth it to get cost seg done on the property?If the business plan is to hold the property over 10 yearsIs it m...
Good Morning to the BiggerPockets community, my name is Jarvis, 21, residing in the New York City area, I have been lurking around on the forums for about a month or two while reading the book on rental properties and...
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A friend and I own 7 rental properties. I've done 5 flips in the past on my own. Last year we did a flip on a house through the partnership and I'm confused about the taxes. Round numbers for sake of example:Purcha...
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I have recently formed an LLC with a business partner to flip properties. I have a couple 401k’s from past employment with nice balances that I would like to tap in to use as funding for our projects. The LLC is a 50/...
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I am in the inspection period for a 2-family where the owner lived on the lower level and rented the upper. The electrical is split per unit but there is a single furnace and hot water heater for the entire house. T...
A friend of mine is considering developing a portal that will help home buyers navigate the journey of completing their first home purchase. Since buying a home is a huge investment and can be daunting for first timer...
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I am trying to come up with a purchase offer for an estate sale house that happens to be in a flood zone. The neighborhood has a small creek that runs through a portion and happens to be in the back yard of the subj...