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Hello,Wanted advice from BP. I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax. I am trying to maximize my tax savings through real estate...
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Hey BP Nation,A good friend of mine reached out to me and want me to represent him as his real estate agent when trying to rent a suite in a brand new commercial neighborhood mall. He is a doctor and wants to start hi...
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I have a tenant in Maryland in one of my condos that the air conditioning is being turned over but not yet on. Due to the heat they noted they had to stay in a hotel and want to get reduced rent.
It's my understandin...
Is there a "rule of thumb" regarding a ratio of income you should get from a rental property versus how much a mortgage payment is on that property. Obviously you are in it to make money, but is there a criteria that...
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Hi all. Newbie investor here. The only property I own right now is the one I live in, a condo in Somerville, MA. I've been doing a lot of reading and meditating on where the next opportunity will be coming out of wher...
I heard someone say land lording in California wasn't as good as other states and that it's more tenant friendly than landlord friendly. What are some cons about being a landlord here in CA?
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I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...
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We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...
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I have ventured into the commercial world this year buying a small shop for storing materials (I have 20 flips going and need a lot of space) and cars, a 7,500 square foot office building, and a 1,600 square foot indu...