Hi folks!I'm a 32 year old IT professional born and raised in metro Atlanta and currently based in NYC. I'm fairly new to BP and really excited about what I can learn from the community. I've had an interest in real e...
Is renting single family properties just as challenging as owning a commercial property? Is obtaining either similar or does commercial invest have more moving parts to it? Is starting off REI head first into commerc...
Super excited to announce we will be closing in September on our 3rd property! We will be moving out of our current house into the new house and renting the house we are in now. Both our current houses (in the North...
Hello, I am a new grad from dental school and love the thought of real estate as a passive income vehicle. My debt to income ratio will be low but will my current funds low. Scaling though real estate the storage spac...
Hey everyone,
I’m looking for advice on an issue I’m facing with my rental properties. Recently, my property taxes and insurance costs have increased significantly, turning what was once positive cash flow into negat...
What amount is considered income on house flipping for tax purposes?I purchased a home for cash-no mortgage for 25k put 25k in repairs in and sold for 79k, net 71k. How can I defer or decrease the taxation on income. ...
A year ago, I purchased two Four plex with the plan of improving and refinancing within a year time period. More or less the BRRRR strategy. Of course there have been all of the unexpected learning experiences from th...
Hi everyone, I’m new to investing in property. I feel like it’s time I invest my money into properties where I can rent out to people for vacations. I’ve been looking for beach homes, however they’re just too expensiv...
I have been in the market about 10 years. I haven't bought a property in at least 5-6. I run another business, so I have been hiring out everything. I only recently began really detailing my numbers and micro-manag...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $700,000
Set of 7 duplexes in Canton, Ohio. Looking to hold these cash flowing places long term while spinning up...