So I bought my first buy and hold for 5K. Repairs needed.. if I do it cleverly, about 10K.the rent there is 900- 1200 per month.But of course there is also a bad.It is in a not-so-good area and the house needs work. B...

Hey everyone! I am looking around Texas for my next BRRRR investment. I am from out of state and trying to educate myself more. Texas is a huge state with a couple of huge cities that a growing extremely fast. My eyes...

I finally got a chance to see inside the multi-family that I am purchasing in the DFW area. What I thought were 5 one bedroom units are actually 5 three bedroom units (around 900 sq. feet each) with one fairly lar...

Hey fam. This is my first post. I’m a complete newb. I am interested in getting my first wholesaling deal. There is a depressed neighborhood in my back yard (Newark, NJ) that has tons of homes with potential but are d...

Hello! I am currently reading J. Scott's The Book on Estimating Rehab Costs. I plan to purchase my first property within the next year but will most likely be doing so out of state due to financial constraints. How ca...

I'm trying to continue the good discussion on the "Housing crash" thread that @Greg R. created few months ago and had the number one posts in the history of BP including a very insightful post from @James Hamling. But...

Hi all, Newbie here, so please be gentle. I have to say I'm just shocked at the level of giving back I see around here. It's counterintuitive to think that such an opportunistic field of practice would have such a sup...

I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?

An investor has a full-time job makin...

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