Timothy Howdeshell
To MBA or Not to MBA
Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...
Ryan Lucht
New and possible 1st deal questions!
Hello, My name is Ryan and I live in the Milwaukee, WI area. Been lurking around here and listening to podcasts quite a bit without ever really jumping on anything. With a recent death in my girlfriend's family, I wan...
Grace P.
Profit Spitting: Needing Advice Please
I am sure this gets asked all the time but I can't seem to find our situation in any posts. Okay my husband and I have experience rehabbing, flipping, renting etc... We have partnered with some friends (another coupl...
Tony Capra
High taxes with 1099 income
Hi everyone, I am paying big taxes (my opinion) with my 1099 income. The CPA really has no good advice besides home office deductions and IRA contributions. There has to be a better way. To all of my smart friends,...
Alex Grier
Flipping as a Realtor or Investor
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...
Jeff Wang
Post Grad House Hacking Feasability
Hi, long time listener, first time caller, I just made this account today to post.I'm starting my final year of undergrad with a job offer to work remotely at a small tech company. It's not a mind-boggling salary, but...
James H.
When did your part time rental business depend on rental income?
This question is directed mostly toward those of you who have a "day job" and real estate is only supplemental to your income and/or retirement fund.
I will likely be buying a third property (for a total of two renta...
Jeremy D.
Quitting the day job to do REI full time
I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.
I am looking for feedback from anyone that has gone from investing and managing their own properties...
Rojan Jacob
First time buyer, found dream property. Minimum downpayment question
This will be my first foray into real estate. Currently looking at a beautiful 3 story multifamily brownstone in NYC area for 400k Three 1 br rentals bring in $2800 of monthly income. Rents can be higher. Owner pays t...
Hiten Java
Primary to rental depreciation
Hi all,
Had some questions about converting my current primary house to rental property.
Details:
2018 - Primary home since 2018. As per county records, land value was $190k and structure value was $474k, total val...