Does it matter what part of town you purchase multi-family deal if it continues to cash flow?!

Hi guys, We're a young couple in our late-20s living in New York City.
No house. No car. No children. No debt. Combined income $220k-$280k. SO is a software engineer. I run a small Airbnb biz.    

Liquid $530k - m...

Well today turned out to be one of 'those' days.

Rental house #1: Furnace breaks down, requires $300 to fix

Rental house #2: Hot water tank sprouts a major leak, needs replaced, $500

New Rental House #3: Disco...

Don´t know if this the correct forum here, but I want to know how high can I get a tax depreciation for this year (2010) when I buy an house this month for only $5k for a fix and flip in May 2011?
Thanks.

-Uwe

I am renting a doublewide that my aunt bought 10 years ago. She just asked that we pay the mortgage and that would be it. She died a couple years ago and since then the mortage has skyrocketed! Apparently, the type of...

This is a copy of an email I plan to send to my partner and want to vet it through you folks here.

Does it look like I have it covered? Can you poke holes please? :)

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Here are my thoughts.

I ...

Hello BP,I have a big problem with the listing broker on one of my properties in Las Vegas, NV. I normally list my flips with the same broker that got me the property... I am just realizing it might've been a big mist...

I found some similar posts, but I also had some specifics that I would like to try and get cleared up. I am new to investing, in the Denver market, and looking for the right time to buy. I believe that we are about to...

What do you think?Is an active operator with less experience, but a strong deal, a better investment than a more experienced, 'mehh' deal? For example, if you are a passive investor with 100K liquid and are looking fo...

I wanted to share what I have learned about transfer taxes, how they affect the value of homes, and ultimately your profitability. It can be tricky, so I wanted to share my research and some conclusions.
First of al...