I have bounced quite a few questions off this forum and thought I had a plan. Then, I spoke to my lawyer and accountant and the plan might be out the window. I relocated from NY to Tampa, sold the house in NY and want...
Hello, my name is Adam Cherko. I am thrilled to have found bigger pockets. I was introduced to it by my friend Nick Brown, who is also a member here. I am new to the investing world, I've been reading, listening and g...
I have a five bedroom property rented to college student in New Jersey. The lease has all five tenants names on it. One tenant moved out without notice and the remaining tenants don’t want to pay the whole rent, ju...
I have been listening to the podcasts for the last 2 years and joined the forums last year, but life has kept me from diving in with both feet. So I am finally getting around to introducing myself!I got into real est...
Hello BP!Wanted to get your thoughts on write offs for your business and whether it is worth doing? This could apply to a real estate business or other small business. Basically I jumped off the deep end and quit my W...
Hi BiggerPockets community!I've been lurking on the site for a while now and have now decided to fully immerse myself into the biggerpockets community by becoming an active member. I just recently finished my educatio...
Hey all,Looking at a 4 plex for $165,000. Needs minimal rehab, is in a C neighborhood and is fully occupied. Rents are at $500 each. Came out to $350/mo cash flow total (just under $100/door) with a 11.40% COC retu...
I've been a realtor in Wichita, KS for just over a year. I consider myself green, but not "new," to investing. We bought one rental for 30k cash in 2011 and sold it this year for 53k. Rented for 600-650/mo while we ...
I am typically very conservative when it comes to taking on debt and over-leveraging myself. But I can't help but think about the currency inflation the Federal Reserve and government have been pushing the past few d...