Hello BP Colleagues, I am a newbie to the real estate investing business. My goal is to obtain a single family home or duplex in the next 6 months. I am currently researching markets in Baltimore City/County. Where ar...
I have done a lot of studies of listed Milwaukee properties, particularly those listed below $50k. I am surprised to see a couple of investors are unloading their properties by selling in bundles. Their properties a...
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
Many people on BiggerPockets (at least on the podcasts) have credited their start to investing in real estate to reading Robert Kiyosaki’s book Rich Dad Poor Dad; myself included. However, there are also some investor...
Hi everyone,Been a long time observer but this is my first post so please excuse me for going back to basics I’m trying to figure out what’s the best strategy to start and if in your opinion you should buy your first ...
Do people still buy property in California for any reason other than the weather? Seems like everything else about California sucks. High taxes. Soft on crime. People just stealing whatever and whenever they want. Hom...
We recently closed on small multi family property in PA and have inherited tenants. Previous landlord went door to door to collect rents in cash or other tender and issued rent payment receipts. I personally went to m...
For those of you that think we are back in a bubble: Have you sold any of your places into the 'increase'? If so, where did you 'park' your cash?My issue is that between my wife & I we have sold 3 houses this ye...
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...