Hello Bigger Pocket Members!
First off, I would like to thank all of you for all of the wonderful insight and positive help you have given countless people like myself who are just starting out. Your wisdom and knowl...
Background
- Location: Bay Area Peninsula
- House Price: ~$1M, Mortgage $700k
- Rent with similar square footage: $4000/month
Running the number, it looks like it marginally break-even.
But I re...
I own 2 rental properties and want to gain knowledge on funding more properties
I'm wanting to focus on working with investors, and I'm a relatively new agent. if my goal is to find off market leads, and I want to start with cold calling distressed owners, what exactly am I saying to them? let's ...
Anyone done tax deeds in Florida or participated in the auctions?What are the watch outs or steps that you recommend?Often times, there's houses or land worth $500k listed with an opening bid of $30k which is a fantas...
After months of frustrating exchanges between the agent, seller and I. I have finally closed on my first property. I'm 21 years old and am very excited to begin my journey into real estate. Give me 10 years and I'll h...
I am beginning a project to add a second home to my lot, and I wanted to do a modular to decrease construction time, as well as conserve costs. I started the process with CuttingEdge homes, but I'm a little concerned...
I own a SFH.Bought it in 2009 at 385K + 50K in rehab = 435KCurrent Market Value 785KCurrent NOI = 32K Annual = 7.7 % Cap Rate on my investment, 4 % Cap Rate at current market pricesshould I continue holding it or sell...
I write today seeking advice from you guys who's compounded experience may help me devise a strategy early on. I want to get started investing in real estate investing and would like to come up with a plan that will p...
If you pass all of the qualifying tests and indicate at tax time that you’re a real estate professional, does that allow you to use all of your losses to offset gains?i know as a non-real estate professional you are l...