I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...
I am looking to start an investment company primarily dealing with rental properties at first and then I want to expand further from there with flips, commercial, and so on. I live in Ohio but plan on starting rentals...
How do you all find homes that the owner will finance? I have run a few ads looign for homes and have called on for sale ads but the majority of owners will not finance, or will only finance for 5 yrs tops. I do have ...
Hello All. I am currently in contract on my first two family home. This is located near Garfield ave in Jersey City, NJ. Attached are the details on the numbers. So here are the questions- The home is a legal two fami...
Ok so I wanted to see if I could bounce my report off of some of you seasoned investors. Couple things to note...I low balled the ARV by about 5-10k since banks usually don't give market value appraisal for refi's. I ...
Hello BP members,
My name is Pierre and I am currently living in San Jose. I have been exposed to the RE business all my life by uncles and family members doing multi-family b...
Interesting TIME article about root cause of the US financial crisis .... not sure I agree but put a different spin on what I've read and believed before:
"There is no doubt that the pressure on the U.S. financial sy...
I am 20 years old and I recently became a licensed real estate agent. I work part time as a roofer and I will continue until I have a solid client base. My goal is to buy a multifamily and live in one unit while I ren...
Hi BP! I bought a tax-foreclosure in Detroit, the property is currently occupied with the previous tenants....they are interested in purchasing the home. I have spoken with several local attorneys about doing a straig...
Hello all, I am new to the world of real estate investing and would like to house hack to cover my mortgage. I've been doing a lot of research and I concluded on a particular plan.I am looking at Woodbridge/Dumfries a...