Can someone please explain to me why people are buying 2 flats that rent comps show $4,600 a month in income for 665k+? The income doesn't really cover expenses plus debt service. Even if you tell me they are paying c...
Hey BP Community,I became a BP Pro member in December of 2015. After years of talking about investing in Real Estate I decided it was time to take some action. I started using my hour commute to work to listen to th...
Is there a way to defer some rental income into some kind of retirement account when retired?
Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...
I have a SFH with equity that I will be selling and 1031 exchanging for a commercial/mult-family property. Can I legally syndicate the new acquisition, and if so, will this just create a tax accounting nightmare?Ahmed
Hello everyone. I am new to investing and getting very close to finally getting my feet wet. Over the last couple of years my mindset has turned 180 degrees and I now look for investments rather than higher paying mor...
Hello BP Community,I have in a Self-Directed IRA. I'm ready to pull the trigger on purchasing my 1st multi-family property. My question is, when I buy my property and its cash flowing monthly, how do I reap the financ...
Hello BiggerPocket Family,I just wanted to present to you guys a package that I put together to raise private money for a deal that I was working on but unfortunately I failed. I just wanted to see if I did something ...
A friend at my "day job" asked me a question this week regarding cashing in his 401k to fund purchasing more rental properties, when he learned that I was in the rental property business. He's a mid-forties corporate...
Wondering what the going rate is for Property Management (PM) lease renewal fees (same tenant, just renewing lease for another 12 months)
I’m in Philadelphia and have seen anywhere from $0 renewal fee to a flat $2...
Hello everybody,
When you guys are getting ready to place a new tenant what do you guys prefer, contract or moth to month? This is my first time renting out one of my houses and my lawyer recommended that I do month ...