Amit M.
$5 million is the new "millionaire"
well actually $6.4 million according to this Charles Schwab wealth report on the San Francisco Bay Area. Which matches my sentiment that you need about $5 million to begin feeling like a true "millionaire", which I de...
Justin Moy
The Rise of Millionaire Renters in the US
A new kind of tenant has been on the rise in the US, according to a recent analysis by RentCafe. More than 2.6 million high earners are choosing to rent rather than buy their homes, giving rise to the "millionaire ren...
Duarte Marques
Is it possible to get DSCR Loan without credit score and other factors?
Hey BP community, I'm new to real estate investing and have been studying (reading books, watching webinars, constructing excel cash flow models,...) close to a year. I'm a recent graduate and I was wondering how can ...
Account Closed
Financing options for equity
Hi all, long time listener first time poster. My parents passed away when I was young and while it was untimely, they did fairly well for themselves. I own my personal home outright and rent to cover costs. In 2019 I ...
Gina Russoniello Tiwari
STR Newbies - Running the numbers & TAXES in particular
Hello wonderful BP community, Spouse and I are looking to get started in the STR business. We are new to RE investing in general (so far our only RE holding is a passive LP interest in a RE fund). We are trying to fol...
Colt Price
Land and how to make it pay for itself
Hi BP! I have a little bit of a choice personal problem. I grew up in a remote part of TX surrounded by acres and acres of land. It's been cut up, sold off and dispersed through the generations but our little piece is...
Otis Clayton
How do closing agents fund private money deals?
In my search for private money , I have heard there people use SDIRAs to fund real estate investments and be in the first position.I wanted to know what are the pros and cons of using SDIRAs for fund Real estate?
David Sills
Investment advice for strategies
I’m mid-60s and was “retired” two years before I’d planned to. I am getting into real estate investing to generate income for my wife and me. I’ve bought two single family houses (Jackson, MS area) already and am reha...
Michael Meates
Taxes for investing out of state
Hello everyone!!We live in NYC and interested in investing in the Cleveland market but wanted to ask advice on tax implications?? Do we pay an out of state tax on top of standard state taxes due to living in for examp...
Manson C.
$25k Passive Loss to Offset Ordinary Income
Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...