I am getting ready to rent out my first house (it's my dad's house, he's in a dementia facility now). One basic question that I have: what, exactly happens with the utility bills once a renter moves in; do I change t...
Hello, I am going to purchase a vacation rental in the Central Florida (Orlando) area. Compared to other places in US, new construction homes still seem fair priced and I think they could cash flow as a vacation renta...
Hello. I think I’m in a tricky tax question and before I ask someone I wanted to get an insight from members. I refinanced an investment house into a two partner llc which I am one member. We received money and sits i...
Helllooo BP,
Hypothetical question.. If I were to purchase a property "subject-to" from a motivated seller and 6 months down the line the original owner wants to purchase another property that he/she will be ...
I emailed my CPA to ask what our tax liability would be if we sold some properties. He answered my question via email and I got a bill a month later. I feel like we pay a lot for our tax prep ($1500) and to be billed ...
I have a newbie question regarding the BRRRR Calculator. When I refinance, is the BRRRR calculator assuming I am doing a cash-out refi or just a refi? For example, If I have a home with an ARV of $100k, and the bank w...
I'm having a bit of trouble. See, we at BiggerPockets put together a list of Self-Directed IRA Custodians and some resources on the topic here: http://www.biggerpockets.com/rei/self-directed-ira-real-estate/But that i...
IntroductionSales may seem like a tricky puzzle, but fear not! We've got the essential pieces you need for consistent success. Whether you're new to the world of sales or want to level up your game, these strategies w...
Hi BP!
I recently looked at a 1950's home, and during our inspection it came to light that a material called "Cemesto" was used for the (flat) roofing structure.
While the roof seems to be structurally sound, in res...
Hello BP!My name is Nastassja and I'm a newbie wholesaler-wannabe dwelling within Pittsburgh, PA. The first thing I want to say is that I'm so thankful this community exists. Honestly.Let me start with my background. ...