I just bought a triplex in Bemidji MN. I work full time, my wife and I file jointly around $110k income.The house cost $168,500. If I have a negative cashflow on paper or IRL this year, will I decrease my taxable in...
Hello all,I'm not an investor, looking at a particular HUD property as an owner-occupant. I'm using a real estate agent, who is registered with HUD and can make bids on my behalf. House recently went from exclusive bi...
Hi all,New to your forum here; so excited I found you and looking forward to getting to know you all!We are a group of 4 partners in Denver Colorado looking to work together in a formal capacity. Our partners include ...
Long time lover of real estate but relative newbie to investing. It’s tax Season and in doing our 2019 taxes I asked about strategies for reducing taxes. I made just shy of $100k last year and want to start investing ...
I'm am new to BP and from San Ramon, CA
Been looking onto Real Estate as long as I can remember. My Dad and Grandpa are mainly responsible for my interest. Both had different investment strategy that entaile...
Hi BP
I wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonderi...
We have an applicant who is retired AND in the midst of a divorce. We seek advice in how to qualify since the divorce settlement is incomplete. Much of the assets including their current home are in both their names. ...
An owner-occupied investment property is a multi-unit building where the investor resides in one of the units. I’ve worked with many owner-occupier investors and generally speaking, they are also first-time homebuyers...
I have a tenant in northern VA that lost keys to the apartment. I came by and gave her copies of the keys and did not charge her for it. She is now asking for the locks to be changed as a result of her losing the keys...
Here are the top five things that, in my opinion Investors do wrong on rental rehabs, and why I believe they are costing themselves more money in the long run. What would you add to this list? #1 - Not including nec...