Paul H.
Note Investment into Multi Family Syndication Development
Investment Info:
Large multi-family (5+ units) note investment investment.
Cash invested: $100,000
Phase 0: Secured a Mortgage from Power of Sale, Property has Build by Right for 6 story Multifamily.
P...
Jeremy Keone
$52k loss on schedule E. But only reduce my WG-2 by $6k???
Schedule E shows $52k in losses for 6 properties. Due to mortgage interest, depreciation, repairs, supplies, maint fee, etc. But allof that only reduced my earn income by $6k. Sounds like I’m doing something wrong. Th...
William Hardie
Are Current FI Success Stories Sustainable?
I love listening to the Money Show podcast to get some extra motivation and tips; however, I am the dad of 3 teen/pre-teen boys. Given that perspective, I often wonder if the success stories we hear about are sustaina...
Robin Gonsalves
Currently Accepting All Advice Available (lol)
Hello Everyone! I am a recent NYU graduate who in typical college grad fashion now wants to pursue interest in an industry outside the realm of my degree's expertise (Media & Education). While in quarantine, I fou...
Peter K Gunn
First time property flipper, seeking advice (Oakland, CA)
Hello everyone - my name is Peter, a recent entrant to BiggerPockets. I live and work in Oakland, CA. I was hoping to get some advice from the community about what was most instructive to you in your first year of lea...
Jennifer Wilson
How Will Fannie/Freddie Resort Condo Guidelines Impact Market?
As of today, Decempber 7th, 2020, Fannie Mae and Freddie Mac put out new Resort Condo Guidelines that determines if a condo project will be considered ineligible for their standard financing options. From the rough o...
Xavier Martin
Meeting up in Kansas City
Hey I live in Kansas City MO and new to BP i would love to connect and talk to some local like minded people here doing real estate here.
Chris K.
Tax deduction to research investment ?
Hello,If I were to travel somewhere to look at investment properties (would be my first), how would I go about deducting this travel from my taxes since I don’t actually own a property yet?
Steve S.
How much should I invest in improving a rental before leading?
As some of you may recall, I'm buying the house I grew up in as my first rental property.
My parents have taken good care of it but it's a 38 year old house. They've been empty nesting for about 12 years.
That sa...
Luis Gonzalez
Are HUD homes still a good market for wholesale deals?
From what I have heard, 2011-2012 was a good time to buy Hud homes and they were a good market to find wholesale deals. Is this still a good option to look into now that the market is improving?