Aaron S.
Trying to dig myself out of a little hole; advice requested
33, salary 95k, MCOL area. $4,000 in credit card debt and I pay $400/mo child support. Other income is ~$300 in disability income and ~$250 from teaching Brazilian Jiu-Jitsu on the side.live with girlfriend who makes ...
Robert Siverd
Buying a building for small business
I posted this in the "off topic" section and got no replies:This is a situation that is not typically seen on BP. I am a partner in a small business. We have three locations currently and we rent all three spaces. W...
Nathan Gesner
How do you deal with a mentally ill, problematic Tenant?
This is a long story, but I'll spare you the details. A tenant has been with us for four months and problematic since day one. She's from a particular state where people are known to be entitled and demanding and thin...
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
We (husband and wife filing jointly) are looking for a CPA. While interviewing CPAs to file our 2012 taxes we are trying to determine if we should file a partnership return or listed all of our properties on our ...
Abdul Azeez
Need some input from other sellers
I am an investor who listed a house on sale with a realtor. We received several offers and I selected a loan offer. The contract had a special stipulation indicating that buyer is willing to pay $5k over appraisal if ...
Mindy Jensen
Want to Talk Tax? Upcoming Podcast Episode Needs Your Questions!!
An upcoming episode of The BiggerPockets Podcast will feature BOTH @Amanda Han and @Brandon Hall answering YOUR questions about taxes - the new tax laws and how they affect regular people AND real estate investors.Wha...
J Scott
Nationalized Single-Payer Health Systems
First, this thread is NOT about the current legislation to create a national healthcare program. There are plenty of threads on here arguing the benefits and drawbacks of that specific bill, and I don't want this to ...
Peter Nikic
Communicating with your tenants Regarding COVID-19
I'm trying to figure out how to best communicate with my tenants regarding this difficult time of the corona virus.I'd like to be sensitive to what's going on, but I also want to be able to cover my mortgages, bills e...
Llewelyn A.
Cash on Cash Return Compared to Cert. of Deposits
While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
Kurt Granroth
Why invest in a deal with a tiered Class A / Class B split?
Class A / Class BThe practice of splitting the LP investor equity group into Class A and Class B (sometimes: "Series A" and "Series B") tranches is already extremely common and seems to becoming almost ubiquitous. Ins...