As the owner of a single rental property, I've been deducting rental losses every year, thanks to depreciation. I never thought much of it, because my W-2 income has always been well under the cap of $100,000 where it...
OK, so... I've read several books and understand that leverage is *good*.... however... does having a very large debt number ever freak you out?
Unless you are buying very inexpensive properties, a buy and hold por...
Hello all! I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. I have 2 questions as it relates to taxes for fix and flippi...
Hi Commercial RE Investors,I have a question regarding home equity line of credit or HELOC.Here is the scenario:I went to a local bank asking for a line of credit on my 6-Unit. The lender would offer me an 80% LTV of ...
I just found out about this company yesterday. This is their website: https://flipos.com/
Upon some initial research, it appears that they are a venture-funded "tech" real estate company. Their value proposition is l...
Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
I control a 42 unit mobile home park through my LLC. Demand is crazy high for homes. I have sold two before finishing the rehabs or listing them for sale, one about a week after completing. Here is my problem. I nee...
Hi, I'm new to real estate investing and I'm really interested in out-of-state real estate investing since I live in New York. My question is, should I find a mortgage broker or lender in my area to get preapproval o...
Hey guys I've been a BP member for a couple of months now and have analyzed a lot of deals, listen to the podcasts regularly, and read a lot of the BP books along with many others. This is my first post in the forum, ...
Hi, I am currently working for my girlfriend's father, he owns an insurance agency that does pretty well, especially considering the area his agency is based in. What are your thoughts on investing in this area? I wan...