Happy holidays BP Nation! What a great year this has been for me and my investing! I bought another SFH rental in May and bought a live-in Duplex in November. I wouldn't be where I'm at without the inspiration I've f...
Hi BPers, it's almost year-end and I am researching tax filing/planning options for me and my partner. We are in Cali, both earn decent W2 and just started out investing in 2021. We have 1 primary residence, for which...
Hi BP Fam!
I've hit a dilemma that I'm sure many others encounter at some point in their investing careers, and figured this would be a fun topic to discuss.
So I've been working my a** of for at least 15 years as a...
Hey everyone,
I'm a new (aspiring) real estate investor and I'm excited to be joining this forum to learn from all of you who have more experience in the field. I know that real estate investing can be both rewarding...
For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...
Hi, my name is John and I'm a local from Flagstaff, Arizona! It's always been my goal to be financially stable and over the last year I've gotten really serious about investing in real estate. My plan is to invest in ...
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
Hello all!
We are currently on the market looking at deals in Tennessee, Georgia and some in Minnesota. How long is normal to make initial investment back? The deals I am looking at are 5-7 years to get that initial ...
Hello,
I closed on a cash purchase on 5/25 in La Jolla CA. I already have my refinance lined up and ready to go but I might have made a mistake with the appraisal and this is where I need help. So this...
Hi All! We are purchasing an agriculture property (it's a forest) in Wisconsin using seller financing. We will likely need a construction loan, and plan to add 10 tiny homes using shipping containers to the property. ...