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I purchased a property in Feb2017 for 360k. Put about 15k into it. Property cash flows about $500/month. A lot of development is going on around the property, so my agent suggested a month ago to put it on the market ...
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I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
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Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages. If I cannot ge...
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Hello BP members,I own 16 free & clear rentals(SFR, worth $1.3M)) here in Atlanta, GA - C Class suburb generating $10K/month before tax C/F (gross monthly rent $16k/mo).I am in early 50s and have a full time day j...
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Help!Good afternoon BP Community! I stumbled about the site and it appears to be a wealth of information and I am excited to bounce around questions in hopes that I will get some help. I'm currently working for a real...
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This is my second post, so forgive me if I don't provide all the necessary useful information for you all to help me make this decision. I've also been running the numbers the last few days, so errors in my cal...
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Hey guys, I made a mistake and am looking for some advice. My wife and I bought 2 properties in the Joshua Tree area - one in 2021 and one in 2022. And while the first one started out great, there has been a huge slow...
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I've heard about this and I find it interesting but I haven't been able to get my head around the payback. Is anyone practicing this strategy either locally in New England, Providence, Boston, etc. or nationally? It...
Hello Bigger Pockets Community,
My name is Josiah Reutter. I have been in the Navy for one year and I am looking to start investing in real estate with the hope of being able to get out of the military with at leas...
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I just got done with the process of setting up, and rolling over funds into, a solo 401k plan for both me and my wife. My original intent was to have the funds available for us to do a personal 401k loan to ourselves...