Good Morning BP,I wanted to introduce myself, my name is Chris Heinmiller and I am a long-time listener to the BP podcast, and have been a lurker on the BP forums for even longer. I have been fascinated with real esta...
Greetings!I am new to investing and I'd like to hear what some of you experts have to say about my current situation. What would you do?I am in the process of purchasing a Single Family investment property for $130,00...
Hey BP,My name is Tyler, 29 years old, and I am a recent "accidental landlord". Although I have always thought highly of REI, it wasn't until I needed to move for my career, that I became a landlord for my first prop...
Hi,I need to move out of state due to my job.I got two options sell my multifamily or manage from remotely with the help of a Property Manager. Rather than hiring a PM would it be a good idea to make one of my trust w...
I am planning to sell my house located in Stockton, CA and buy 2-3 single family homes in the Phoenix, AZ area to have better cash flow. I currently rent my house by the rooms, and I have been successfully doing so in...
We've never collected rent electronically, but we'd like to start. I've heard of eRentPayments, PayLease, Dwolla, and PopMoney. For those of you who use these services, what are the pros and cons of each? Is there ...
Hello BP St. Louis, My wife and I currently invest in South City and Dog Town and we were looking at different areas of St. Louis. We've seen some properties in Dutchtown that have some cash flow potential but we're i...
For the longest time we've been using a bank credit card that generates no rewards. (We do pay it off every month). Next year, we've set a target to take a family vacation to Hawaii during our cold North Dakota winte...
Big changes are underway in the U.S. tax code—and it could make a huge difference to your bottom line. Thankfully, today on the Big gerPockets Podcast, we get to sit down with two CPAs who focus entirely on helping re...
Hello,
Just wanted to ask this to make sure I understand the tax ramifications correctly before venturing into a buy, fix, sell property.
If I owned the property and sold it in under a year, lets say...