Hello everyone, I’m wanting to start into the adventure of small multi family rental investing. I want to break the mold of my family and start creating the generational wealth that my family can use in the future. I ...
Hey guys and gals. I’m 24 just started investing in RE a year ago.
I have 4 properties.
1 is break even
1 has $300 cash flow
1 has $500 cash flow
1 is going through eviction
I have about $330,000 in debt. And $1...
I'm new to real estate and been self-educating for the last 8 months or so ...but one thing I'm a little confused about is the tax advantages...
Do you have to wait until you are a full-time real estate investor to b...
Hello All,
Ive read a lot about the 1031 exchange and the live for 2 years and own for 5 years rule. Ive also heard of people using some rehab costs as tax writeoffs? But other than those few laws I've learned from o...
All my life I have created success by outworking the next guy. That has served me in athletics, the military, school, and the traditional work place. Right now, I am aggressively paying off all my debt (mostly some st...
Just wanted to say hi to everyone here on BP, especially members in the Kansas City area. I'm a stay at home dad and looking to get back in touch with the grown up's of the world. I'm starting to see the light at the...
What are investors' thoughts on cash flowing a house hack? I have been attempting to analyze duplexes, triplexes, and quads. Should my goal be to simply cover the mortgage plus a little extra, or should I be looking...
Hello BP Community, I currently own two fourplexes free and clear in south austin that were built in the mid 1980s. The area has been getting rougher in the past 10 years but probably still Class C and all (2/2) unit...
Can someone throughly explain exactly how the refinance aspect in BRRRR works? Like how can one get money to get another house without it being their own money? Can you buy a house in cash from the equity in a refinan...
With some of my wins, came a big loss with a duplex I purchased last year. I bought it over market for $175k. I found out that an almost identical duplex next to mine is getting offers at $165k. So, I would be taking ...