This year is the first year I am filling taxes with my rental property. My tax preparer told me that I cannot really benefit from my rental write offs due to my W2 job. He advised that I should maybe look into putting...

Hi, My name is Justin and I'm a newbie to REI but I am very eager to get started investing. My background is in IT as a Systems admin and I've had my hand in a lot of other smaller business ventures. Now i am really t...

I've been studying and learning REI for about a year now. I am wanting to start with a few flips to generate some more capital to be able to get into some buy and hold properties. I'm building my team now - RE Agen...

Hi BPers:I have a situation here, and this is not the first time it happened... We purchased a property in Aug 2020, closed on Aug 31st to be exact. We prepaid the property taxes for the remainder of the year (Sep-Dec...

Hey everyone, first time poster here.

I'm interested in putting some money to work in one or two modest properties just to get my feet wet. I plan on starting a new LLC to do this.

However, I've read about a 2 doze...

Hi Everybody!
So I rent my house out by the room in Florida. On the 1st of the month, 1 of the roommates left, and was replaced by another. Yesterday (the 5th of the month) I got a call from the new tenant who says t...

Your current platform sucks in every aspect of REI investing

Please assume this hypothetical:I find a property for $200,000.I get a mortgage for this property and put down 10 ($20,000).  The property earns a net profit of $2,000 per year.  What is my ROI?Is my ROI 1%? (200,000/...

Hello BP Fam,
I am tired of looking at houses here in Delaware and not doing any research on fixing/replacing (if possible) a foundational issue with a home. I have seen multiple houses now that have water in the bas...

THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...