I'm planning to do a cost seg and use accelerated depreciation for properties bought in 2022. My plan is to use this to offset non-passive income. I know I should qualify as a REP to do this, but my CPA is saying tha...
I know there are a lot of questions on this topic. My situation is we had a tenant move in on a Saturday and on Wednesday we found out they have a cat. We have a not pets policy. I also want to mention that they moved...
Have you heard the discussions bashing coaching and mentoring for Real Estate Investors? Yes, there are some bad apples (gurus) out there, and you should not have to mortgage your house to get into their programs, but...
It seems impossible to me to find deals that will follow the 2% or 50% rules in the Montreal region. Is it just me or the numbers should be different in our market ? What are the rules that work for you?
BP,
I have successfully used a 30 year, conventional renovation loan for a single family investment property in the past.
I just got a duplex under contract, expecting to use the same loan product - of the two len...
For the better part of two decades I've been involved in real estate in some capacity including but not limited to: mortgage & real estate broker, developer, project manager, STR owner/operator/manager, internatio...
I have read through several posts on real estate investing. This site has a lot of helpful information. I am currently a stock market investor and want to evaluate investing in real estate. I am based in California...
Ok here's the background info:
225 Unit - Class C Property in TX
$535 - 1 bedroom rent, 100 units
$710 - 2 bedroom rent, 125 units
Monthly/Annual Potential (Gross) Re...
Hi BPI am sharing how my first month went as an STR Host. Time after time, people on social media discuss the highlights and how much money you can make owning an STR but ignore the ugly/bad that comes with being a ho...