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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $4,000,000
Cash invested: $49,000
Park Place is a 64 unit in Johnson City, TN.
🤝🏻The deal came throu...
I had to file for eviction three times against a tenant last year and paid about $100 in court costs. The tenant paid me back for the court costs and is now current on rent. Should I treat the tenant payments as pa...
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Hi! I've come to a crossroad figuring out my investment game plan and would like your advice.My goal is to hit $12k in after-tax income by 2026.I can pump ~$60k every year, that's excluding re-investing any cashflow r...
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It seems impossible to me to find deals that will follow the 2% or 50% rules in the Montreal region. Is it just me or the numbers should be different in our market ? What are the rules that work for you?
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It's time to dump conventional wisdom, conservative thinking and the status quo when it comes to real estate investing. In this day and age there are multiple methods to buying and investing in real estate. But what...
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It's time to dump conventional wisdom, conservative thinking and the status quo when it comes to real estate investing. In this day and age there are multiple methods to buying and investing in real estate. But what...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/35038/small_1621367776-avatar-bienesraices.jpg?twic=v1/output=image&v=2)
I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...
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Can I deduct my rehab expenses from my 1099 wage earned at work, to offset my high income? I make 93$/hr (193K a year) on my 1099 and my wife makes around 95000 a year salary. I also purchased a rental home and I am g...
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Hello,There are 2 LLC's. The first one does Fix and flips and has some money in an account (we can call it fixnflip LLC) that the members would like to put into another LLC. The other LLC has a different business mode...
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Hello,I am a new member here as well as a new investor in the real estate business. I was wondering if someone could explain the tax advantages that I get by renting out a property.I have a property that is actually 2...