Hi All, I am flipping a bungalow into a purpose-built two apartment home. To allow for easy separation of utility costs, I'm installing dual HVAC systems, dual hydro panels, and pony meters on the water meter. This ...
Been reviewing others posts and watching some videos. For now not getting involved in an LLC, but want to act like one for now. Will be house hacking basement and have 2 rented units. Want to act as though I am a tena...
Bigger pocket members, How do you file for tax return for newbie? I only have two rentals. One in Memphis and another is Cleveland? Anyone recommend using turbo tax? Hiring cpa can get expensive so trying to find t...
Hey BP buddies, im 22, and Im poised to purchase this property in Tallahassee; my mentor always told me if you want to focus on scaling and maximize cash flow, your mortgage term should be interest-only payments and n...
Hi! I am graduating college this May and have been saving every dollar to purchase my first house hack, hopefully in early 2025. I started investing once I turned 18(I lost most of it (whoops)), but I started focusing...
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
Scenario:Client owns 4 rental properties. 2 SFH and 2 duplexes. One of the duplexes is actually a lease option with a 30 year note. Total owed on all properties is around 350k or 300k without the lease option duplex. ...
I came across a property that would cash flow as a STR in the Mountains of NC. As it has been listed for over 150 days, I inquired about terms and seller financing, which the seller responded as being open to it. They...
I started as a real estate agent in 2012. Took on a full-time job and have decided to do some real estate investing on the side. I purchased my first investment property in 2014 all cash for $200k. I am seeking to buy...