I’m 43 years old and currently working for a state government agency but would like to pursue real estate investing and quit my government job. I can either purchase 10 years for $130k and I would be able to quit my j...
Good morning everyone!First time poster and newbie real estate investor here. We currently have two single family STR in Michigan- we own one with my brother-in-law and his wife, and the other is owned by an LLC that...
Right now I am in contract to purchase my 6th rental SFH. I have been putting aside $100/month/property for a while now and have about $10,000 sitting in a cap ex reserves savings account so that I am prepared for th...
Hello Everyone, New to bigger pockets but not to investing in properties. I own 3 multiplex properties and Over the last few years I've spent a lot of money on AC units that have died. I have working (but old) AC unit...
Any accountants familiar with the GO Zone depreciation credit? I have done a lot of research on it, but IRS can be somewhat difficult to interpret.
50% instant depreciation could make a huge difference to investors....
My family owns a single family home and has recently considered renting it on AirBnb. This is a unique property as it is on a lake and has a private dock. It is also a double-wide mobile home so I feel like a cost seg...
Is it beneficial to obtain my real estate sales licenses? After obtaining the licenses do I have to work for a company or can I start my own personal real estate firm?
All I’m trying accomplish is being able to list ...
Hello all,I am a new investor from Houston, Tx. I plan on acquiring my first rental property within a few months if everything goes well. I have some questions regarding the ownership of a rental property :- whenever ...
My husband and I found a waterfront auction property that we purchased for vacation home/ possible short term rental. We purchased for 135,000.00 with a 10% buyers premium( SEV 79,900) We need to pay for within 30 d...
We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...