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I'm still very new to this site and REI in general but I have been reading and learning as much as I can from this great site and other books. I was wondering how would you go about investing with a partner on a SFH ...
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If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
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Hello BP members,I have been wrestling with the idea for the last few months on if I should make my next property a rooming house in Milwaukee, WI.Before everyone just screams a collective "hell no!", let me tell yo...
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I have 7 kids... here are some things teach and how I pray it conveys to the future1) Be a active helpful member of family - being helpful in society 2) Don’t expect handouts !! Work to better others first and in tur...
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New REI looking to buy property to service older seniors who need assisted living. How do I know if the area will have an abundant population of tenants and how do I know if the area will be a good location to buy. Im...
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Hey everyone,So I'm buying a house in Lincoln Park, mi and it's going to be my first flip. The city apparently only requires an inspection from the outside of the house. I want an inspection done inside as well but wa...
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Hey everyone,I am a high income W2 health care provider. Taxes were never the main reason I wanted to get into real estate, however I took a 30min coaching call during the lockdown to discuss strategies and the person...
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My daughter has just started her real estate investment journey. She currently has her 5 bedroom home for rent and was approached by someone wanting to rent it for an Adult Family Home. Anyone have experience with the...
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Hi friends from bp, I'm a new to bp. Listening to bp podcast and watching video as a starting point. I'm looking to buy in NYC metro area as investment to get som cash flow. I don't find any deals for multi-family. M...
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My husband and I will be taking my in-laws into our home due to health issues. They have a paid off Condo (1/1.5) in a 55+ community, not the most desirable area so worth approximately $100-115k. We will need to mortg...