Most states have a 6% income tax, so if someone is earning $100,000 per year, that's $500 per month. If you're a real estate investor in Texas with multiple properties, there is a higher property tax. Is it worth it? ...
My head is spinning. I've spoken to several people and I just don't know which way to go. I need to put a property on the market next month and do a 1031 exchange. Once sold and after fees and expenses, I will need to...
Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.
This is not like any other economic crisis because the gov
immediately deci...
Economic Update
(Monday, July 13, 2020)
Not since the 1960s has the United States experienced social upheaval like it is experiencing today. We have protests, an upcoming national election, and a massively divide...
Hi Folks. I am interested in hearing from anyone who has successfully insulated and installed energy-saving or high-efficiency products. I am interested in hearing if you've frontloaded the cost and really benefitt...
Hello BiggerPockets!My parents have worked hard throughout their lives to put their kids through school and pay down the mortgageby the end of this year they will have finally paid off the house and are hoping to reti...
I'm not sure if this is the right spot to ask this question, so please let me know if it's incorrect. My father-in-law has been dabbling in real estate since he purchased his first parcel of land at 16. He's a small t...
My mother is planning to retire, and depsite having a CPA daughter and son-in-law, she still believes she knows best when it comes to finances.
So, I am posting this so that perhaps, in your own words, you wo...
Hello BiggerPockets Forums,This is my very first post with BP, but I am ready to reach out and learn about what REI has to offer. To give some context of my plan/vision, I will be moving out to Denver, CO in the Summe...
With over 40 million people unemployed, is multi family a safe investment? What do you guys think?