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OK just found out we (my wife and I) have about 65K in passive loss carry over going forward. So being retired with 2 rental incomes that break even or only generate a little income we will not be able to apply much i...
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Good afternoon.Just wanted to get some opinions regarding raising additional capital for REI. I'm pretty new to the whole REI adventure, been here on Bigger pockets for 3-4 months and learned a lot. My biggest barrie...
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I made an offer on a property that is considered a boarding house. It is a small row home in Philadelphia that is broken up into three rooms. The only common areas are the bathroom and the kitchen and the backyard. Th...
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Hi All,In progress of my very first flip. I'm starting relatively small for my area to get my education. I purchased the unit for $430k and it appraised for $458k. My agent expects the unit to sell for $530k, but I am...
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Is it typical that all or part of the monthly lease payments go toward reducing the home price at the execution of the option? I was told by another investor that this complicates the situation and becomes owner fina...
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I own a rental in a condo association and I think the dues are a little high. Is there anything I can do to reduce them? Can I talk with the board, or would I have to actually get myself on the board. Has anyone had a...
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if i were to take control of a property doing a sub2 i wouldnt have to pay the first set of closing costs.so if i took control, and then put 15k of work into it and then sold it for a profit would that make sense?
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I'm shopping for a property in Germany to rent out. Mortgage rates are very low here, around 1.5%, so I have somewhat of a unique situation where there isn't much loan interest to deduct from my taxes and of course re...
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Can someone help me figure out which closing cost fees I can reduce or eliminate? Here are all the fees I'm seeing:Loan Discount Fee - Seriously, *I* have to pay money to get a *DISCOUNT*? What kind of discount is tha...
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What in your expert opinion is the affect on the residential real estate market? By when do you expect to see the impact (whether you think it is positive)?