Hi everyone,I am a new investor from the NYC area and I'm focusing on flipping in Long Island for now with plans on branching out into Westchester, Brooklyn, Queens and eventually buy & holds out of state. I've be...
Is is always a good idea to claim depreciation on your rental property for tax purposes? I recently learned that if you sell the property for more than its depreciated value, you'll owe tax on that gain through the de...
If you can only invest $1,000 every month and have nothing in savings. If he earns a 10% annual rate of return (compounded quarterly) in a portfolio created by a robo advisor, Investor A will need 22 years and seven m...
I househacked a home for the last two years, and it is now a rental. I am selling it with seller financing because I recently transitioned to self employed and not able to get a HELOC for it since I've been self emplo...
My wife and I currently own a two family home and live in the first floor apartment. The second apartment is rented. The basement is completely renovated brand new. Our goal is to move out and buy a single family hom...
Morning Everyone!Hope your day is going well. I have been doing a mass amount of reading through blogs from Brandon Turner and many other BP citizens. I have gone over numerous posts looking for answers to my question...
Hi - I have a single family home under contract (as the seller) in North Carolina (it is a cash buyer so no financing contingencies). We have been under contract for a few weeks and have completed inspection negotiati...
I have just spent the last 12 days in hell dealing with US Bank for a loan on a condo investment property. I would steer far far far away from them. Yes, they drew me in with a very low APR and points, but the proce...
As we start another year I wanted to take a few moments to share my journey this year and hopefully help someone out along the way!I finally found a niche that I was comfortable with and started buying and selling dea...
Hi,
I know BP is geared more towards residential and commercial real estate but I was just curious if anyone is invested in farmland and if so how that's doing for you? Just a general question.Thanks!