Hello BP!When first starting out using a Buy and Hold strategy and with limited capital, do you think it's better to purchase a bunch of lower priced properties in lower quality / depressed areas or spend a little bit...
I was planning on buying my first property to house hack in the upcoming fall 2020. Due to the COVID pandemic, some peers and I are unsure if we can count on quickly finding new tenants. What is your experience? I'm i...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
You always hear about rental properties as passive income. Well I totally disagree. Even with PM in place, there are still many active activities when it comes to direct property ownership. Yes, it does take several t...
This is the story of how we – a family of four on one income – house-hacked our way from $0 to $1million in real-estate in less than 2-years, and how just two houses bring in $100k/year in gross rents. Our Two Propert...