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Results (1469)
Ryan Fox Where to find cost basis in tax return?
5 October 2024 | 14 replies

I own about 16 rental properties.  From time to time, I consider selling a property and ask my CPA what he has as the cost basis so I can understand the tax ramifications.  Then there's a long wait...  Is there somewh...

Brent Hindman Keep Primary as First Rental?
4 December 2024 | 16 replies

Hi everyone,My wife and I are both 32 with 2 kids, 3 & 1. We make about $250k per year(before taxes) and have outgrown our first home we bought at beginning of 2020. It’s a 3/2 at about 1560 sqft in the north hill...

Don Roberts ENDGAME – what do you all think???
13 August 2019 | 13 replies

BP Community,
New poster but long time investor here. Looking for some advice from the collective Bigger Pockets Community. Please leave comments as this will be a factor into the future way ahead (your feedback wi...

Jay J. Some lenders are not ready to work with Investors
21 January 2017 | 14 replies

Recently was trying to do a cash-out refi on this property. And have been working with this lender for the past 2 months. Now I am so frustrated that i am thinking if i should close on this loan at all.1. This lender ...

Andrew Solomon Rental Property Analysis
14 June 2019 | 8 replies

Good Evening Pro-Member Community,I am a new to real estate investing, but have spent all my free time on educating myself. I have decided to pursue the buy and hold rental property strategy, and am looking for some g...

Account Closed My First Property Flip 16 months later
6 September 2016 | 21 replies

I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...

Sam Hum Have $$ confused where to start
29 September 2023 | 9 replies

I'm struggling with analysis paralysis and too much reading and peer advice.
I can't decide what I want to do but it definitely is RE.
I'm a first time home owner, been living in this first residence for 1 year now,...

Jesse Mistretta About to buy my first property!!
11 October 2016 | 15 replies

so I spent a lot of time searching for an investment property and I finally found one that I liked it's in Cary North Carolina, I put the offer in for 153,000 and can rent it out for 1200 a month based on comps in sam...

Bill Ward Capex wipes out cash flow for a year?
11 August 2021 | 74 replies

So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...

Chris Svendsen Why I am happy to be loosing money in a month
28 November 2020 | 36 replies

So my venture into real estate investing at this moment may seem on the surface to be a dismal failure, but to me it is an opportunity at this moment.  Why you ask, I will explain.
Currently I own 3 homes.  First hou...