Charlie Casalnova
STR Loophole Advice
We currently own 1 STR; however, we are looking to add 1 or more STRs that we will self manage with a goal of obtaining 100 hours managing the properties to qualify for the loophole. We are looking for recommendation...
Mason McDougall
Introduction to BP from a book, can you really scale with this?
Hi everyone! I'm just now discovering BiggerPockets after buying about a dozen rentals. Not sure how I missed this! But a friend recommended a book that was recently published by BP, so I ordered it, and it just blew ...
Account Closed
Cash buy one versus 75% LTV leverage many
Hi BP Community, For the buy and hold strategy, is it better to tie up all your cash and have one property cash flow, or to leverage a few properties with the same amount at 75% LTV?Nina
AJ Brown
Agent recommendations in GA that focuses on rental properties
Hey all, I am trying to find an agent that specializes or at least understands the rental market in the Georgia. There are a lot of great agents out there but they don't seem to understand rental income side of things...
Melvin Flory
BOA Scammmed Me into Default, Who Will Refinance Me with $60,000 Equity
I became permanently, totally disabled from 26 years of Federal service in January of 2007. Remained current for approximately 1.5 years, middle of 2008. Bank of America/Countrywide told me I had to be 3 months behind...
John R.
retired & want to invest
I'm on the central coast of California, retired and want to invest in real estate, as my iras and credit union account are rapiding declining with inflation, fees and taxes.
My idea is to invest in 1 income p...
Josh Smith
Tax Red flags on fully-owner occupied SFH + part owner occupied/rental SFH within 20m
Hi,
I have a SFH1 (4bed/2bath) in which I live with my partner and kid and occupy fully. I also have another SFH2 (4bed/2bath) 20 miles away. In SFH2, I rent a couple of rooms out and keep the rest for my personal us...
Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
Richie Pace
Providence RI Market
Hello again BP community! I wanted to see if anyone has any experience/insight into the Providence RI rental market. I am looking into some multi family (2-3plex) in the city and there seems to be some decent deals ou...
Zachary Hoy
Soon to be Investor - Northern New Jersey
Hello BP community!My name is Zach and I am new to real estate. After graduating from Virginia Tech with a BS in Civil Engineering in 2014, I currently work as a Project Engineer for a commercial construction manageme...