Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Hi Guys, have first MHP under contract (I'm full time fix and flip single family guy in DC area). Would really appreciate any comments/thoughts/suggestions... or 'dear god man run away from that park comments...'Price...
Hello BP,As the subject says, I am new to the Real Estate Investment game. First off, a few things about myself... I am 29 yrs, an Army Veteran just getting out about a year ago Nov. 2015 (served 4 years), Married wit...
I bought my first duplex in March '07. It's in South Dakota and managed by my father in law. The first one worked out well, so I kept looking for deals, but couldn't find anything that met my cashflow criteria. Finall...
I currently have a subscription to REI Blackbook and to be quite honest with you, while I definitely see the benefits, it is a little overwhelming and overkill for me at this stage in the game. I am sure if I keep plu...
What do you all think about buying undeveloped land and setting up ADUs to rent out? I'd only look at land that's at least connected to water and power and already has a septic plan in place.
For my savvy Real Estate investors out there who have attended the school of hard knocks. What Real Estate Cliches have you found to be true, useful, or completely false. Here are my top 3 True Cliches:1. Risk comes ...
Hi everyone. Another newbie here looking to get started in real estate investing. I stumbled across BP a few months ago and have to admit that I may be burying myself in books and webinars, getting excited with all th...
Hey guys, so this deal just came into the market. A single family home, 3 bedroom, 1 bath, built in 1959. The home is a short sale listed at 180k. Upon submitting an offer, they responded by saying they’re not negotia...
I'm a new member and this is my first post so please go easy on me! I'm interested in investing in my first LTR or MTR. I have a full-time job in NYC and travel excessively for work so I will need a property manager...