Owning rental real estate offers many tax advantages. I don't think anyone that has looked into the strategy for more than 15minutes would be surprised by that.
However it does drive me crazy when pe...
So currently, I am 29 and for all intents and purposes, half of my income is from rentals. Also, the income from my rentals cover all expenses. This means that what I make working is mine for savings, other investment...
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...
Hello was wondering about others thoughts on 2 bedroom sfh for rental property. I understand alot of investors say 3 bedroom or nothing, but i have not had any problem renting out my 2 bed homes or getting good rente...
Hey guys! I am new to real estate investing and am looking for my first property. I want to start out with a multifamily home. I currently live in Northern New Jersey and am deciding whether to invest here or out of s...
My first post to BP. Posted the same to Reddit but think there might be some different opinions here.I've currently got an IRA with Betterment that has around 180K. I've been looking at RE Investing as an option to g...
First of all, thanks to everyone who takes the time to post on this site. I've been reading for a few months now and have learned a lot. This is my first post and I hope this thread isn't too old to be commenting on...
I sold one of my rentals with a mortgage wrap last year. I hold escrow for the buyers. I am certain that I need to provide the owners with an end of year statement showing how much they paid toward the loan amoun...
well actually $6.4 million according to this Charles Schwab wealth report on the San Francisco Bay Area. Which matches my sentiment that you need about $5 million to begin feeling like a true "millionaire", which I de...
Hi Friends,
Here's the sitch. I have a duplex in a prime location in San Diego. I run both units as an STR and make good cash flow (~$30k annually) but it is fairly labor intensive. I purchased the home for $720k w/ ...