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We've seen posts here on BP about "bigger players" getting into some markets. Some are reported to be hedge fund buyers that are renting the properties out, some seem to be specific to bank REO property. According to ...
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Hey everyone,I wanted to post my analysis of this potential deal to see if I can get some input on it from the veterans in case I'm doing something wrong. This is a triplex I want to move into for about one year to sa...
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If I buy a duplex and live in one side, can I create an LLC to control and protect both sides?
Basically I want both rent payments to go to the LLC to pay off the mortgage faster. I figure if I have to rent an apart...
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Hello,
We are learning more of the in's and out's of depreciation, trying to decide how to handle depreciation on some properties.
Basically:
* Our AGI is past the point where we can deduct any passive loss carryo...
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Hey everyone, I've got a situation where the renters have been great as far as paying on time, but their lease is up and they won't move. We told them over a month ago that we are going to put the house on the market....
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Hi everyone! I'm Sabrina from San Diego and am completely new to Real Estate. My original plan was to own a single family home, work to pay it off, and then...retire I guess. This year, I finished paying off my massiv...
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Hi, BP family
I was recently thinking about a good measure on whether it is worthwhile to convert LTR to STR. I asked around and got different answers. Some say that your STR gross income needs to be at least twice a...
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Hi,I am a first time home buyer . Have been renting in JC and have seen both rents and house prices in last few years go up like crazy. I have been looking to buy a Multi family in JC with easy access to NY transporta...
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Hello BP,first off all I have to say it was a great thing to find bigger pockets as it has really helped me alot to collect alot of information about REI in the US. My name is Sascha and I am 32 years old from Frankfu...
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To start off. I bought 2.6 acres about 2 years ago. It is raw land, undeveloped. there use to be a house on the property but since then its been burned down and hauled off. Since I do not have the capital to build any...