Lot of variables in this question but I'll try to keep it simple. My ability to retire depends of course on an income stream. Current plan is to sell my home and use the equity to pay off my rental property. The duple...
I just finished last year's taxes and have a large passive loss (after depreciation) on my rentals. But being a passive investor with large W2 income, I cannot benefit from the tax loss (at least thats what my account...
It was mentioned briefly on a podcast I was listening to today that millionaires have a minimum of seven income streams at all times. What do you consider your real estate investments as, one whole income stream or mu...
I live in Ontario (GTA region) and have been considering buying a single family home in a more country/rural area and making income through other avenues besides long-term tenants.
So far, I have come up with the fo...
I am about to make the jump and I have a few questions. A little background first. My wife and I are interested in property management as a career. Several hurdles face us. In Texas you must have a brokers license to ...
I Purchased a few pieces of raw land and also a few very run down houses that I plan to not renovate for the next couple of years. (They will just sit)
So, both the land and uninhabitable homes are not going to be b...
I have an 8-plex with a large, fenced in plot of dirt sitting unused. I see opportunity in that dirt! I want to put up 7x7 storage sheds in the area for the tenants to rent. My preliminary numbers show I could bring i...
Hi BP,I need an accounting software that I can keep track of my rental buy and holds, my flip and my airbnb. I was thinking quick books but thought I'd ask the BP hive mind.Many Thanks!
Out of all the Real Estate Guru books I have read so far, Peter really set it off for me. He focuses on using Lease-Options, but in a way that makes sense to even the most novice investor.
It is scary how well his sc...
Investment Info:
Small multi-family (2-4 units) other investment in San Francisco.
Purchase price: $500,000
Cash invested: $100,000
Purchase aimed at creating a steady income stream, while also offer...