Chris R.
House hacking & +/- cash flow (while owner occupied)
Hey, Everyone.I am curious to know how many folks have or had a positive cash flow while house hacking? I understand that deal analysis is based on a fully rented scenario but I am just interested in how many people a...
Kurt Granroth
Estimating Schedule K-1 as LP prior to investing?
I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...
Leon Lee
Strategies on renovating a rundown beachfront motel
Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
Account Closed
Cost Segregation + Bonus Depreciation
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
Stephen Chittenden
Project #3: Single-Family Home in Havre de Grace, MD
So, we are closing today on our third LLC project. Previously, we closed on a single-family home, which we renovated and rented. We have also purchased a three-unit multifamily that has all three units rented, but h...
Valenda D.
LLC, Business Trust or ROTH Solo 401K: Which for New Note Biz?
BACKGROUND
I'm a former buy & holder moving forward and starting over after a downturn in personal circumstances, in the planning stage of creating a note investing company for and by myself.
I have been learn...
Joshua Dorkin
Should you use an agent or sell your home FSBO?
I thought we'd kick off the Selling Real Estate forum with a basic question that anyone selling their home has to deal with:
Should you use an agent to sell your home, or save the commission and sell it yourself as a...
David Boroughes
Scaling up. Have too many mortgages, what to do?
I have several conventional mortgages on rental properties I own. I'd like to keep buying, but the banks are saying too many mortgages and debt to income doesn't look good (they go off tax returns, not leases for inco...
Alexander Bustos
DFW Scheduled Meetup!!!
ATTENTION: DALLAS, FORT WORTH, ARLINGTON, IRVING, PLANO MCKINNEY, and DENTON BP MEMBERS!!!
The Meet up at CHAMPS was a great SUCCESS!!! So we have a scheduled meetup August 16th Friday at 7:00PM. At Spr...
Donna Paget
Emptying the septic tank
Hey Big Pocketers!I need some advice on what to do with a problem with my tenant and the septic tank. When this renter moved in last year, I had the septic tank emptied. I usually only do this every 3 years or so. She...