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Henry Ford once said, "Failure is only the opportunity to begin again, only this time more wisely."
I believe that is the case here.
As most of you know, BiggerPockets has for the past weeks, been planning a real es...
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Hello to all I have been lurking on bigger pockets for about 5 months, but never thought I should post cause I am relatively new and don't have much to offer. As a wise man once said: "it's better to be thought of as ...
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My 12 year old son closed on his first rental property last month - and now he wants to buy another. I think every parent wants to teach their kids about finance, and my wife and I like others, have struggled with how...
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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...
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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 ...
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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 ...
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...
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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...