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Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
Excuse what is going to be a long rant - for the sake of my sanity I need to get this off my chest. I have another username on Biggerpockets (no, Adam Smith is not my real) which is my real name - but for this post I ...
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Hey folks, wanted to get a sanity check on a 13 year old plan i put together to generate 85k/month. i know i know, it's crazy and it's going to take a ridiculous amount of long term focus, sacrifice and hard rock. Lik...
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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
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I though this would be a interesting topic since people are from all over the world here.What the average cost you need to spend in your area to get a decent rental property that is turn key or if you need to rehab it...
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Ok so what would you do if you were us. Supposedly my sister in law (and kids, husband) could be losing their house. We have been down this road with a friend and was burned. So I will ask just because it's family. We...
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Does anyone have any experience/ success with this strategy?
I started researching REI a couple of years ago, and have dedicated a massive amount of time to learning and searching for properties. I want to expand my ...
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Hi, all! Appreciate the amazing insight and support you all provideI'm looking to build a Section 8 portfolio and looking for some guidance from those who have done it.Some details:My personal mission is to take care ...
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Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
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I realize that everyone has a different standard of living and expectations in life, but what is your FREEDOM number that would allow you to leave your W2 position? What would you want to do with your time if it coul...