Hi all,My wife and I are high W-2 wage earners. We general follow "boglehead" philosophy and have a lean mean investment portfolio and live well below our means. One first world problem we have is earning a high incom...
Hi Everyone.It has been great moving slowing into the Real Estate realm from Corp. America. I'm currently working to find my first investor property to fix, flip or maybe hold, but also working to get some newbie bra...
Hi - first time poster to Bigger Pockets. In 2007 I began construction of a new home, but with the financial crisis of 08/09, my existing home value fell by over 40% and I was unable to sell. My wife and I turned ou...
I am trying to understand what my potential tax implications would be in this example scenario.1st property purchase:$600k with $150k down Sold for $932,5002nd property:Purchase price $1,925,000$385k down Sold for $2...
Hi!I'm new here and new to investing. Does anyone have any advice on which route I should take: REIT or becoming a landlord?I know there are risks and aggravations involved with both. Which one worked best for some of...
I'm wondering if it's a good idea to open up a different LLC for each rental property or is there too much headache to make it worth it? Also, I'm not asking on whether I should start an LLC vs an umbrella policy. Th...
This might be a no brainer, but here goes anyway.As a beginner is it ever too early to begin visiting properties to gain some exposure and experience? My thought is "No", but I'm curious if there might be a downside ...
Looking to get into REI by working in the field: real estate, mortgage/lending, property management, etc. I’m currently a middle school math teacher so I have a strong math background, but no “REI related” experience....
Hello!
I owned property from 2001 and now . First 10yrs (2001-2011) period was my primary resident and later yrs used in rental property.
My capital gain is around 1 millions and think to switch another property wi...
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