I'll make it quick. My W2 income is >$550k/year, if I build an RV/Boat storage facility, will my storage business expenses/losses be able to reduce my W2 taxable income? Or do I have to have REPs status for this si...
Hi. After reading all the books, I have decided to purchase a new home-but with the intention of renting out two rooms, and still make a profit every month that I can save to reinvest later. I don't ever hear much abo...
Hello dear BP, I am learning a lot from all of you and thank you for being a great source for all us.I have my primary house in Germantown MD and I would like to work on the house hacking. I wanted to check first if t...
I am looking for a team to BRRRR deals in Tampa, Florida. I remember reading on here about a company that was able to assist in buying, rehabbing, and then managing a property in the Tampa, St.Pete, Clearwater, area....
I find that most investors want to see a property's projected IRR (internal rate of return) over the anticipated life of the deal. The biggerpockets rental property calculator does not provide IRR calculations. Migh...
Hi all,I purchased a distressed duplex that cash flows well at $850 per unit in rent. One side was vacant and needed a good bit of clean up. I did some rehab work that still gives me a nice 26% cash on cash return. ...
I am thinking to pick up a property in Hawaii to flip. My worry is that the vacation houses are too volatile, i.e. they are the first to lose value in recession and the last to recover. Does it make sense to do a flip...
Good evening BP community, I’m checking in to get a few thoughts related to utilities being paid by the tenant. What’s the standard in Chicago for what utilities tenants are responsible for these days? I have a multi-...
Ok here's wat i think.Lets say i have 250k in cash and i am looking to buy a investment property for 250k. since i am buying it with cash i dont have to worry about mortgage.I buy a good property in a good neighborhoo...