Brian Schmidt
Finding markets out of state
Hey BP,When first starting out and searching for a market to invest in what are good things to look for? I'm considering out of state investing but am unsure where to start looking. My plan is to BRRRR 5-10 SFR proper...
Lucas B.
Buying first property. HUD?
I am looking to make my first purchase, I have found a HUD house. I called the listing agent to ask questions about it and he gave me great information. Explained to me how the process worked and what i should look fo...
Collin Van der Veen
Exploring Negotiation Tactics as Buyers Regain Some Leverage
In July, US home prices declined by 0.1% month-over-month, representing the first drop in the Zillow Home Value Index since 2012. The upshot? Real Estate buyers in many markets have regained negotiating leverage.After...
Mike Dymski
landlord or commercial policy?
I am considering transferring 2 duplexes and a home into an LLC. My insurance agent said we would add the LLC to the existing landlord policies. I had another agent say that I will not want my name on the policy and h...
Account Closed
Starting the RE journey in NYC...
...feels like a truly bad idea !Hi everyone,I've been reading the blog and the forum for quite some time now and I think I'm starting to have a good understanding of the main elements to consider when purchasing a pro...
Angie Vance
REO/Bank Owned Properties
I am new to the real estate investing world and found a realtor that was excited to meet with my partner and I. I gave him a list of properties to view and they were all REO/bank owned. He told me after we viewed all ...
Rob K.
Sec 199A deduction for Rental Real Estate Question
So for purpose of the Safe Harbor Rule for Rental property owners taking the Section 199a "QBI deduction", my understanding is that starting this year you document that you spent 250+ hours for your "rental real estat...
Bobbi Casalino
Can't afford to keep house that CAN cash-flow
Hi. I'd be grateful if you could help me untangle the ways I could help a friend. She's 1/3 owner of a 3 fam in Brooklyn, currently inhabited by family. It's contentious. She'd like to keep it. The 3 owners agreed to ...
Alana Nevares
Euclid Ohio Properties
Hi,Any thoughts on Euclid's Ohio safety? Any particular areas within Euclid that are rough?The current available properties appear to make sense as far as numbers.Taxes are better than Cleveland Heights, and so it was...
Mayank Jain
Help me validate a hypothesis for STR taxes
Hi everyone, I'm a rookie, trying to validate the following hypothesis...To offset W2 income, buy an STR (have rentals of avg 7 days or less + use my 100+ hrs/yr to manage property) THEN use cost segregation + depreci...