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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...
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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...
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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...
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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 ...
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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...
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...
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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,...
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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...
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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...
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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...