Hi I don't know if this financially makes sense for my case. I want to house hack in LA specifically Monterey Park area. With PIMI + utilities + car payment, I would use my whole month of paycheck if I lived alone in ...

I’d like to share with you what we’re doing with our properties to mitigate COVID-19’s impact on our properties, with the hope that you can use some of these ideas and strategies on your own properties. If you have ad...

Hello all!I am currently a sophomore in college going for a double major in accounting and finance. I recently discovered the "real estate realm" and I am incredibly interested and fascinated. My question is there any...

We are in the process of getting ready to close on an investment house we will rent out as a short term rental. I was planning to create an LLC for the investment and use it for all expenses and income related to the ...

I'm looking to purchase a townhome alone for $600,000. I plan to do house hacking by renting out spare bedrooms to reduce my living expenses. I aim to apply for FHA loan with a down payment of around 5%
My Informatio...

Hello, I just wanted to share my success in lowering my monthly bills this year! I hate monthly bills, especially the ones that I cannot pay off (reverse passive income). I have very minimal monthly expenses and alway...

Bigger Pockets Community -
I'm trying to plan for the future and have a question I'd like your thoughts on.  
 

Hi BP,I’m struggling to calculate the potential tax benefits for owning a real estate investment property. My research has shown that the following are the greatest available rental investment property tax write offs:...

Hello to all..How do you or should you incorporate reserve funds into the APOD when figuring out what a property is worth? Since technically it is not an expense (at least I believe not) but a capital investment that...

I am 27 years old. I currently have 3 properties. 2 of the properties are long term rentals (1 SFH, 1 Duplex), and the other property is a primary residence. I have a high paying career and I have managed to keep my e...