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Hi guys! I am reaching out for some guidance/suggestions. I have been an accountant for a real estate company for the last 4 years. I am realizing that my passion is not accounting, but the actual investing in real...
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Hey BP community!My wife and I live in LA and are looking at buying real estate. We’ve got a decent chunk of liquid reserves and credit scores above 800, but we can’t get a loan because our income from 2020 and 2021 w...
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There are several different types of income in the US tax code.
Two main types are “active income” and “passive income".
Active income is money you earn from working, such as wages from a W-2 job or income from ...
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Hi Guys,I am an out of state investor that purchased my first duplex in Cleveland, OH last year. I'm already negative cash flow on this rental because of unexpected repairs and tenants not paying. After turning over ...
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Is possible to start Real Estate Investing in NY With good credit but low low funds?
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I need some advice about my situation.My name is Rob, I'm from the UK and I'm 18. I have very safe job as a cartographer (map drawer) that pays a very low salary. I still live with my mother so my monthly expenditure ...
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A family member of mine is looking to get a Fannie Freddie loan for an investment property. He had a stable job in the same industry for the previous 20 years, but was unemployed for the past 18 months. About a month ...
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Could I hypothetically take a whole rundown neighboorhood and turn it into a highly desirable place to live, I'm talking taking a neighbourhood that homes are in the low 100's (I'm in VA beach so its almost unheard of...
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Hello group! Happy to be a part of this. Here's my short investing story. I am a brand new landlord. I'm renting out my house in Arlington, TX, that I was living in the last 7 years, and I bought a new house in Hurst ...
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Hello Everyone!! Especially to those who are on BP on a Sunday afternoon/night...My name is Paul Graham. I'm a Colorado native who enjoys learning and reading about business, among other things. I currently am finishi...