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As someone in the process of setting up a vacation rental, I'm trying to understand how net operating loss works with respect to whether or not the property is considered a "home".Let's say I put $15K into the house r...
I currently own ten rentals of which nine have conventional mortgages. I know I can get a 10th mortgage before I can no longer get a conventional mortgage. I realize that at that point most people go with a portfoli...
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Hope all is well!
This will be the first house I've bought and it will be in a new build in a gated community that I'm intending on house hacking. Super curious if anyone has any experience doing any rentals/house ha...
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Hey BP family, after listening to a few wholesale podcast, I realized that to start out the gate as a successful wholesaler marketing is KING. But at the same time I'm see that I'm going need a marketing consultant to...
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Buying out of state properties and I realize that having an LLC would make my operation look a ton more professional. I had an LLC once but felt like I was overpaying for the service that they were providing. Anyone h...
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Hey everyone, I’m 15 and have been slowly coming to the realization that financial freedom is what I want and investing and real estate (plus hard work) can get me there. Any advice you have on networking, analyzing, ...
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So I accepted and signed a proposal from a contractor to lay plywood, new baseboards and install floating floors with provision that we would demo the existing floor which was slate and pergo.
Where the slate was pl...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $205,000
Cash invested: $50,000
Bought from a Seller, who had to pay off a balloon payment, from a previous purchas...
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Hi! Long time music producer and dj who has spent the past year really diving into REI. I've been fortunate enough to support myself from making and playing music now for a good number of years but the older I get t...
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Hello,My name is Max Shepard. I am full time Air Force stationed in Dover DE, and also a full time flipper. I have 2 houses I'm working on now and my partner and I are trying to do at least 4 a month. We are in desper...