I keep reading people here saying "Your rental properties are a business" as a precursor to some inflexible dogma about sticking to the letter of agreements and pursuance of remedies for breaches. Let me point out ...
Well, After almost a year of looking, getting $ lined up, networking, reading BP and basically freaking out... My wife and I have taken the plunge, we sign tomorrow and close monday on a flip in my home town... I live...
Hi im a new investor looking to get into the multifamily rental cashoflow game. Im wondering which parts of the state offer the best cashflow in relation to price, taxes, clients, etc.I live in New Britain and am a fi...
What reasons would a buy and hold investor buy a property that doesn't cashflow?
I understand that finding the "perfect" buy & hold property is rare. I understand the concept of analysis paralysis. I even have a quote sitting on my desk right now that says "Every successful man I have heard of...
Hi guys! I’d love your help! I’ve lived in the USA for 5.5 years in San Francisco (4yrs) and I’m currently living in the Boston area (1.5yrs). As you know these are expensive areas to invest, so I’m looking to invest...
I posted a thread a few days ago called why do we invest? There were a lot of good replies on that thread with many bigger pockets members listing their goal of 5000, 10,000, 12,000, or $20,000, per month for retireme...
The way I see it, there are basically two ways to use an IRA to finance investments:1) Have the IRA "buy" the property and ALL income and expenses are paid to/from the IRA. If financing is used in the purchase of t...
I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
Alright guys and gals - this one is juicy (and a bit lengthy), so buckle up,
Today, we're diving into the world of short-term rental tax strategy, exploring both the opportunities for success and the pitfalls to avoi...