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Looking for some insight and recommendations based off of what worked well for others. Here's the background info:My wife and I bought a small house, 2 bed 1 bath, in 2018 and rehabbed it while living in it. We moved ...
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Hey I’m seventeen years old and trying to figure out what to do with my money. I make upwards of 10k a year from a w2 job and save every penny. I want to own a multi-family house in my college town by the time I am 20...
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Hello BP Readers,
I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...
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Hi Fellow BP Fans,Recently I took on coaching to take my agency business to the next tier. What I've learned is so simple that it almost seems silly to share but it's paying huge dividends right now. The golden nugg...
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Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
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To help absorb the carrying costs of financing flip properties, I agreed to remodel an unfinished basement in exchange for a lower-than-market rent for myself. Now that its complete, I see how badly the area under the...
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Every January, we publish our Las Vegas investment forecast for the upcoming year. Predicting what will happen in the future is hard; so many factors can impact the market - inflation, interest rates, economic perform...
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I'm curious everyone's thoughts on using IRR to evaluate deals vs some of the other calcs that are seen more often.As (new) buy and hold investors in our early 40s, my husband and I are far less concerned with what ha...
I understand when starting with rental properties, one preferably wants a rental property that is near them for the ease of management. Being active duty in the military, I move around every two to three years. Is t...
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Hey Guys, So I’m a noob & trying to learn everyday. What I’ve been trying to understand is how Real Estate is so great for taxes. I’m planning on getting a rental property & was wondering what tax benefits do ...