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If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
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Hello BiggerPockets members. Love his community. Have anyone of you hired Tardus for wealth coaching? They are the creators of the Income Snowball (i.e. Income Snowball, a system of investing in which a person can cre...
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*This link comes directly from our calculators, based on information input by the member who posted.
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I am reviewing a new construction project - 48 townhomes that will be kept as rentals. Market rent is $1,500/mo, construction budget is $145k/unit. I just dont see how these sort of deals pencil out. Do developers ...
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Investment Info:
Mobile home buy & hold investment.
Purchase price: $1,100,000
Cash invested: $600,000
On-market 200 lot mobile home park
100k down, 100k consulting fee, and 1 million seller fina...
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*This link comes directly from our calculators, based on information input by the member who posted.
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I am looking at a 2 family with 1 bed 1 bath in each. I am curious where my net profits should be at the end of the year. The cash on cash is 25% net profit is 5500 a year. Should I be looking for better returns? Purc...
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I bought a small park (13 spaces) last week in an area that was flooded/damaged by Hurricane Florence. One of the perks in buying the park was that FEMA has agreed to come in, remove the damaged trailers, and put in b...
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So i hired a property management company to take over while I moved away. the tenant moved in in May. my first repair bill was for $447.02 the next bill was for $734.32 that was for home depot to pay for the first rep...
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The tax publications say when converting a personal home to a rental, the basis is the lesser of the FMV or adjusted basis. 1. Is there any rule saying one couldn't do a cost segregation when converting, to bonus depr...