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Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
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Theoretical question for you guys: Imagine you have no money and few skills. You have to become a millionaire in 5 years. How would you do it? Looking for specific and actionable answers/ideas that are accessible to t...
Not really treading any new ground here, but interesting read in the WSJ this morning. http://www.wsj.com/articles/surge-in-commercial-re...We've got a number of clients active in South Florida (Miami) and they (and ...
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Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix! What's your average move-out reno cost? And how many years of cash flow is it wiping out? This is my first move-out and I"m fi...
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Hi. I am new to BP. This site has been so helpful so far. I live in the SF Bay Area and am starting a search for markets out of state to invest in. Looking for single family homes for cash flow. Realized Bay Area was ...
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Does anyone in the bigger pockets community have personal experience with a Whole Life Insurance policy or Wealth Maximization Account to help build their wealth and real-estate portfolio.
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I keep seeing these Investors advertizing that you can start wholesaling/ rehabbing with NO money and/ or bad credit ? I don't want to pay for these courses only to use up what money I do have to line their pockets. T...
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Recently, I purchased a duplex in Warwick, Rhode Island for well well below fair market value. The property has all of the heavy lifting done, windows, mechanicals, roof, electrical, etc. The interiors are sound, bu...
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It would be interesting to hear stories of what some of you did BEFORE discovering real estate;
Is your life dramatically different NOW? Will you or did you make it your goal to be a full-time investor? Does anyone re...
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Hi, my name is Michael and I'm new here. :)A little background.I am what I call an accidental investor. Basically, I bought a condo in San Mateo but I had to move out of the area for work during the housing crash. I c...