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If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the...
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Hi Everyone,Wanted to get some expert opinions.I just purchased a SFR in Fresno (Clovis actually) with the fix and lease option route. Someone's interested in taking it as is and doing the renovations themselves.That...
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Hello everyone,
ABOUT ME: I am a non resident foreign investor who just joined the real estate market possibly in the worst time :) I am interested in Cleveland,OH. I have been monitoring the market in and around Cle...
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Hi there, me and my wife currently own a small business and have 3 beautiful children in Redding ca. We are looking to start investing this year maybe early next with not a lot of money (20k) but we also have equity i...
I’m trying to understand how you make money from a refi/cash out all the money you take out of the first property to buy another you still need to pay back. If you can make one mortgage payment but 2 is too much is th...
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When flipping bank owned properties on a larger scale than the average investors, are investors putting down EM on every house?
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Hello! My name is Chris and I’m brand new to bigger pockets and investing in general. I’ll lay out my situation, goal and how I think I’d like to achieve that goal. I’m looking for feedback on that plan! I’m 28 years ...
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First off - I apologize for the duplicate post. I felt that this belonged in personal finance as much as it belonged in tax strategy. If it needs to be deleted by a moderator, I understand. I've found so much contradi...
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We are in the process of getting ready to close on an investment house we will rent out as a short term rental. I was planning to create an LLC for the investment and use it for all expenses and income related to the ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Sale price: $215,000
An example on how the MLS is still a great place to find deals! Found this property i...