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Hi, all. I closed on my rental property in January 2018, but I incurred expenses to buy it at the end of 2017. Normally, it's pretty straight forward on Turbo Tax, when the expenses to purchase a rental and the income...
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Hey everyone, my name is Nick. I've very new to real estate, more specifically, single-family rental properties. I just became a pro member, and have been learning, attending webinars, reading book after book, and sub...
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Hello,
I'm looking for a PPC search engine consultant to optimize my campaigns. Or, alternatively if you know of any really good "do it yourself" courses on how to set them up, that may be another option I could do....
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Hello BP peeps. I recently introduced myself and advised I’m in the Tampa Bay Area and my W2 career is a police detective. I’m also currently taking the 63 hour online class to obtain a RE license. Being one who’s...
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So when i first started i bought a duplex for $16,000 put $5,000 into repairs and went to a local bank that lent me a line of credit for 80% of the appraised value which was like $45,000 so i rolled that into my next ...
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Hi everyone,Wanted to get everyone's opinion whether they underwrite the Capital reserves above or below the NOI line? I've heard both and obviously putting them above the line is more conservative but with as compet...
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Hello fellow biggerpockets members! Long time lurker/reader and first time poster. So I came upon an interesting situation recently. I was saving up to BRRRR my first house until I had a conversation with a friend of...
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Everyone please help me out I’m really confused. Let’s say a syndication deal or equity fund consists of an 80/20 split, 1% acquisition fee on purchase price, 1% disposition fee on sale price and 1% asset management f...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $50,000
Sale price: $235,700
My first flip
What made you interested in investin...
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I believe in the BURR strategy. However, when you acquire investment properties, would it be best to complete the initial acquisition in your personal name rather than the LLC if the plan is to refinance or attempt to...