Hey everyone! Just wanted to gauge some thoughts on a deal I have in my state. 46 units 24-2 bedroom 22- 1 bedroom 2buildings, each have a shared laundry roomPP-$1.8 millRehab- $1-1.2 mill (confirming numbers this wee...
1. It seems like taking advantage of depreciation and all of the tax benefits of real estate are lost if your income is >$150k, unless you are a "real estate professional", right?2. I've read a lot about legal enti...
Hi everyone!I just found this amazing community and I'm very excited to learn and network with everyone! I'm a real estate agent in Hudson county NJ. Just from reading a few blogs and listening to a couple podcasts I ...
Seems like wholesalers in Austin don't exist. I've been looking for months and haven't found a single one that markets to my price range, and barely anything outside of my price range. Do they not exist, or are they j...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
For buy and hold investors out there, how do you guys think about appreciation and how do you factor it in to your buying and selling decisions, if at all? What key factors do you use to measure the potential for appr...
Starting in February 2015 I started the real estate industry with literally no knowledge, i didn't even understand how mortgages work (the Stupid me.) So i devoted the next 3 months to reading, and uncovering knowledg...
I am a full time college freshman and just got my real estate license 2 months ago. Just 2 days ago I joined the team of one of the top 250 real estate agents in the US so I definitely see a busy future ahead of me. L...
Hi all,
First time post. I'm looking for advice on entering the real estate investing world through joining an experienced partner(s). My background is in Investment Banking and Private Equity, and I bring strong e...
Hello Fellow BP'ers,I'm in the process of exploring the KC area (downtown and surrounding areas) to purchase small to mid size multi family properties. Size range, depending on pricing, will be 8-20 units. I need some...