Good morning everyone! So I’m thinking of leaving federal service and moving what I have in TSP into a self directed IRA in order to purchase some rentals. I understand that all the income generated by that property n...
I have $100,000 with me. My goal is to earn $10,000 per month in positive cash flow(Passive Income) in 5 years time frame.I am a new bee and new to investing in real estate/rental properties.I am looking for strategy/...
Hello everyone !I heard that we can/should claim depreciation (if available) on the rental/business properties every year. Obviously, this will help paying less or no taxes at that time.However, when you sell the hous...
Hi everyone, I have multiple investment properties in Phoenix but currently in Dallas for a few weeks and Im trying to get a feel and understanding on surrounding towns, suburbs/areas that may be at a good price point...
Hi All,I bought a second home and looking to convert the current home into a rental property. My current home is on 15 years mortgage and I was thinking if it would be wise to refinance it to 30 years and get mortgage...
All, Im having an electrical issue in a rental and the power could be down for days (The service drop from the point of attachment to the meter base is damaged in 2 locations from squirrels chewing neutral. Needs to b...
Fundamentals: A Philosophy for Success in Life and Real Estate
Note: This article was written in collaboration with ChatGPT, an AI large language model, and reflects the philosophy and opinions of the author, Aaro...
Hey guys, we had been having a lot issues with guests not respecting the check in or check out time. One guest even tried getting in the house at 2 am while there were other guests there. Yeah..scary. We got the Augus...
Hey BP community,What are your thoughts on the up and coming term - virtual property management? Airbnb and Uber have paved the way for automated self serving platforms, but could it work in real estate? The concept t...
Hi all -- this is my first post here on BP!I live in the San Francisco Bay Area and work at a software company in the East Bay. My fiancé and I are planning our current and future finances. We are in our mid-twenties ...