I've been searching the NYC area for types of properties to buy/hold/rent out. I've tried looking at purchasing single apartments, but I haven't been able to get close to my goal of 15% cash-on-cash return. Does anyon...
a investor wants to partner with me on a flip they will provide the funds and i will rehab. they asked this question, are you offering equity or paying a fixed rate of return ? What are your splits ? not sure how to a...
I have a difficult tenant with section8 houston housing. She thinks it’s ok to stay for free and she deserves free housing, non paying her dues or any thing just because she does not have a job (on purpose) and does n...
Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...
Work hard and hand the excess over to your broker seems to be the common trend with most passive investors. The truth is most investors are in fact "passive". Meaning most people out there are too busy earning a livi...
Hello. I think I’m in a tricky tax question and before I ask someone I wanted to get an insight from members. I refinanced an investment house into a two partner llc which I am one member. We received money and sits i...
There is a thread on BP about getting to $100M with some interesting commentary. A lot of the comments revolve around compounding rate and what is sustainable. It seems that growing your net worth should have some s...
Brandon mentioned in his blog here:http://www.biggerpockets.com/renewsblog/2013/11/05...that if you own a property free and clear you could lose 50%+/- to taxes. He didn't say much more than that but that took me as s...
Hi BP Community!I currently have two houses I'm working on in NJ. I have an investor who is looking for flips and rentals. My problem is that online most BP members are saying that they provided the Purchase and Sale ...
My name is Gage Ealey, I am 22yrs old. I am currently finishing the final semester of my undergraduate degree in Electrical Engineering. I come from a working class family. Growing up I always knew I didn’t want to wo...