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My husband and I have been investing in buy and hold rentals for 3 years now and we currently own 7 units across 3 properties. We have steady income as professors and strong credit ratings. As of this year our tax ret...
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My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...
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Interested in learning from the Bigger Pockets community if people are doing a lot of syndicated deals? If so, what asset classes are you investing in? Are you seeing good returns through syndications?
Any common p...
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Hello BP Investors,First, Hope every one is doing good and staying safe and following social distancing and all CDC guidelines. While we are going through this worldwide COVID-19 pandemic attack, lots of things going ...
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I have an interesting success story to share.A number of years ago, I posted about a 20 room motel in Central Florida that was a bank foreclosure listed for sale for $160,000. I ended up winning the property for $180,...
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I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
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I watched my business partner ring the bell at the opening of the Australian Stock Exchange yesterday. The company I helped built listed on the stock exchange with a market capitalization of $318 Million dollars. This...
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Good evening Bigger Pockets community! First post here. I’m just starting out and live in Wichita KS. I’ve evaluated over 700-800 properties so far and been beat out by cash offers on the few I have been interested in...
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Hello all, This would be my first investment property and I need to be very careful about not making bad mistakes. I'm an our-of state guy out in NY. It's a duplex in Bell Fork / Hawkside area of Jacksonville, NC, 285...