Pretty Khare
STR tax loophole with a 2nd home loan
1 November 2024 | 22 replies
If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the rules of STR tax loophole (I.e., the average stay in the house is less than 7 days, I manage the AirBnB myself, and spend 100 hours or more a year and more time than any other person/entity on managing my AirBnB business)?
Rahul P.
New investor here looking to make first investment.
31 October 2024 | 17 replies
Welcome to BP - rates have finally come down a bit so that cash flow is now possible again in some markets for classic turnkey rentals but still have a bit of a ways to go - if you have the ability to BRRRR - that is going to likely really be the better strategy to get a more robust cash flow at the start
Brett Jurgens
Zillow ads climate risk insights, but too many people are ignoring the data
6 November 2024 | 54 replies
A recent study from Rentcafe found that Milwaukee is the third most competitive market for renters in the US, ahead of NY.
Jamin Catalan
Steps to make my first ever land purchase
1 November 2024 | 2 replies
Hello , my name is Jay I’ve recently been reading and taking notes studying all about real estate rentals but came to a conclusion that it is something I am not all ready for just yet so I decided about doing land flipping or land for construction for new housing or developments so forth , but I hit a wall , which would be what type of bank account do I need ?
Maurizio Pisciotta
Seeking Guidance on Starting an Out-of-State BRRRR Investment
2 November 2024 | 10 replies
I'm new to Bigger Pockets and have been immersing myself in the podcast and studying various aspects of real estate investing—from market analysis to financing—for the past two months.
Jean-Pierre Maeder
Parkwood Property Investment
31 October 2024 | 0 replies
Study HOA documentation prior to purchase as rental restrictions can limit the usage as an income property, especially when HOA is non-cooperative.
Kevin L.
How to raise under market rent for a 4 plex in Bridgeport?
1 November 2024 | 17 replies
They can continue living in their classic units for $X amount per month and you can agree to slowly raise it over time.
Craig Desnoyers
Color suggestions for LVP to go with Navajo White walls
1 November 2024 | 8 replies
I think Navajo White and white goes well with renters tan carpet in some bedrooms in some rentals.I did A study mockup of @Johann Jells beautiful bay window room in close to those colors.Windows like that to me seem very calming and serene, especially upstairs I like them (which was my motivation to re color the pic a little.And if you want you can picture me sitting in one of those chairs with a cup of coffee and a good book--because that is where I'd probably be.Good Luck!
Brienne Metcalf
new land lord - inherited tenants
2 November 2024 | 9 replies
You will wonder why you didn't move them out in the first place and bump up to market rate.I recommend studying your market to determine a fair rate.