Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
I know that there have been many threads about this topic, but is Quickbooks still the best accounting software for real estate investors? To further the discussion, does anyone have an opinion or experience with Quic...
I am a first time homebuyer looking to house hack in Chicago and I have an almost 800 credit score, but I don't really have much saved up beyond my emergency fund for a down payment. I have a stable job that pays fair...
Hello All!I am new to the real estate game. I have been tapped into bigger pockets for three years prior to my 4 plex purchase. I am house hacking paying about 500 to cover mortgage. I do work a full time Job in bl...
I'm facing a bit of a dilemma and could use some advice from this knowledgeable community. I'm considering two investment options and am torn between them:
Building an ADU in Berkeley: I have the opportunity to build...
I’m at a total lost right now! l was just told I would have to pay 23k to refinance a portfolio rehab loan on two properties. they are only lending 70% LTV, my rental rates are $1785 and $1985, but the market rents in...
Hello BiggerPockets Community,
I'm a 31-year-old business owner with a thriving enterprise generating mid seven-figures annually. My journey in entrepreneurship has been rewarding, and I'm now eager to diversify my i...
Hi all, we bought a STR in 2022 for 380k, renovated it for 200k in 2023, and rented it out in July, August, September of 2023 with an average stay of just under 6 days. We’re changing our plan for the property in 2024...
After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
Hello BP folks! My name is Marlon Alonzo Thomas Jr. I live in the Hampton Roads area of Virginia, specifically in Williamsburg. I am 19 years of age, and I have been interested with the idea of finding a mentor and in...