15 November 2025 | 21 replies
The only difficulty is it takes you longer to do in W2 job for first rental (provided you have a mortgage on primary) while doing it when you already have one rental with positive cashflow and just keep investing that profits in high yield brokerage account Dave Ramsey's concepts regarding REI will cause you to go broke.
16 November 2025 | 45 replies
People received COVID payments and purchased goods causing inflation.7.
10 November 2025 | 5 replies
I wonder if a cut-up of the property with the cut-up section getting a new parcel number for the cut up part would cause IRS to renew only as to the old parcel and not the new.
5 November 2025 | 9 replies
Quote from @Jay Hinrichs: Quote from @Nicholas Bourque: @Don Konipol Your information on exempt private offerings is not correct and you could harm people with that advice.I am a compliance specialist for private placements.
10 November 2025 | 14 replies
It can definitely work short-term, but since it’s tied to your current primary, you’re taking on new debt right before selling, and that could impact your debt-to-income ratio or cause issues if the sale drags out.A bridge loan might actually make more sense here, even though the costs are higher upfront.
11 November 2025 | 8 replies
A charitable contribution (like Jason also mentioned), especially through a donor-advised fund, can also lower taxable income while supporting causes you care about.
7 November 2025 | 30 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
8 November 2025 | 22 replies
----------------------------------------------------------------------------The Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.
10 November 2025 | 19 replies
Hey Nicholas, congrats on taking the leap, that first flip is always the toughest mentally, but it’s also where you learn the most.A few quick tips: Stick close to your budget cause surprises happen, but having a small contingency fund helps.
7 November 2025 | 2 replies
If there are medical bills, or something similar causing the lower score, I'd let that slide.