Jerry Nogueras
NYC Residents- Which areas outside NYC have you seen the most success for rentals?
27 January 2025 | 6 replies
Being a NYC resident (originally from Long Island), the price of entry in the area is on the higher end, so I've been considering some options in the NY Capitol region, as well as NJ and CT.
Nicholas Dillon
HELOC on Primary Residence
12 January 2025 | 2 replies
It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.
Ryan Marble
Buying land and building the multifamily residence???
12 January 2025 | 5 replies
I would not be living in any of the units as I already have primary residence in town.
Cathy Ries
Is it worth tax planning before acquiring rentals?
3 February 2025 | 8 replies
Since you and your partner are unmarried and own a primary residence together, tax treatment of deductions (e.g., mortgage interest and property taxes) requires careful allocation.
Alex Silang
Umbrella insurance but no personal residence insurance?
30 January 2025 | 3 replies
So I’ve read that unbrella insurance providers require you to use them for car and home. I am a land lord but don’t own my residence.What are my options?
Brendan Doherty'
Creative primary residence strategies FHA
10 January 2025 | 1 reply
Are there other more creative ways to start cash flowing in year one Be careful because federal mortgage fraud and going to jail is a real thing.
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
Your primary residence - if you've lived in it for 2 out of the 5 years prior to selling you'll get the $250K/$500K tax free iike @Clint Galliano said.
Hanh Nguyen
Should I invest in 3 unit in Los Angeles city?
5 February 2025 | 8 replies
I don’t care if you steal a property, high quality tenants will never sacrifice on being safe and feeling safe.
Ryan Napman
New BP Member - Canadian Resident
22 January 2025 | 7 replies
Hi everyone!My name is Ryan and I am a new real estate investor out of Woodstock, Ontario, Canada. I purchased my first buy and hold SF rental property last year and turned the property into a student rental as it ...
Stepan Hedz
Unraveling the Potential of Phoenix's Distressed Property Market
27 January 2025 | 3 replies
Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.