Tami Warren
What should I do with this property??
Hi everyone! I'm new to this blog and new to the rehabbing and flipping business. I currently own 1 property, free and clear that appraises at $400k+. I want to to flip more properties but I'm not sure how to fund it....
Bob Harris
Income or not?
Are the draws I take for rehab on my properties considered other income on my P&L statement or are they not included at all? My reason for asking is because all my expenses (subs, material, interest, and utilites...
Bryen Blankenship
Carrying a note on a paid off rental property
I have a fully paid off rental property with a solid tenant in place, but it's in a state with high property taxes (IL). The current tenant wants to purchase a home, but doesn't have a down payment larger enough to qu...
Blake Wilson
Anyone have any advise for purchasing an RV Park?
I have a meeting with the current owners later this afternoon and am curious if anyone has any advice on the purchase of an existing RV Park? I have never done a deal like this and would like to know what I should be ...
Bradley Sainsbury
Financing considerations for 1st deal
Hi All,Noob here! Been researching, reading, watching videos for a few months now and planning on buying my first investment property in the next 3-6 months. A couple weeks ago my brother approached me and said he wan...
Brett Chaponot
Do I qualify for a 1031?
So I have a property in Denver, Colorado but I now live in Sacramento, California. I bought the property in 2014 as a primary residence but it has been a rental property since 2015. I lived in it for about 14 months b...
Cathy Gribble
CPA for California State Taxes and potential Louisiana rentals
Is it recommended to get a CPA who can handle my state/federal taxes and investment properties? I would like to find someone who can do both but I live in Los Angeles and am looking to invest in Louisiana. Any recomme...
Vince Scolari
Being a Key Principle or Key Sponsor
Hi,Is anyone currently acting as a KP on syndicated deals or has done so in the past? I am curious how one would look/underwrite that in terms of investing? what risks do you look out for in order not to do a deal? ...
Scott Kelly
Advise whether to rent out or sell my property
Hey everyone, I'm new to BP. I recently bought a new house and have listed new old property for rent but I'm having trouble deciding if its my best option. I bought the house 2.5 years ago for 195k. I put 30k into rem...
Amanda Penna
Will my primary residence make a good rental property?
Hi everyone: I'm a brand-newbie with a lot of things on my brain, but I might as well begin by asking about the primary reason I stumbled onto Bigger Pockets. Recently, I've been trying to understand if my primary res...