Mike Jay
Financing multiple income properties
Hey everyone,If i get a income property and it covers the mortgage how soon and i ask the bank for another loan? If i come up with 25% down do i have to wait 2 years and show on taxes or something?Thanks
John D.
Entity Creation, Bonus/179 Depreciation, and Offsetting Same Year Income
We need some general input on getting started from the ground up with a decent amount of money to initially invest from the current tax year. We operate a professional two-owner LLP unrelated to real estate (other own...
Jason Sung
Planning my first 1031 exchange
Hi BP community, I have a SFH that I lived as primary last year for one year. Recently, I moved out of the house and rented as MTR. It is my first MTR and the return on equity is not good (due to high property tax, in...
James Kapenas
Single or Multi family through 1031 exchange?!
Hello! I have a performing single family rental in San Diego in a great neighborhood making nice positive cash flow every month with a low interest rate. It has roughly 500K equity that I’m considering doing a 1031 ex...
Tony Iacovone
Condo investments: good or bad?
Hello,
I just finished reading a book called "Millionaire by 28" by Todd Babbitt. The author achieved this feat by buying up 50 small condos located in the downtown area of DC. Although he didn't achieve grea...
Joshua Hollandsworth
Please Help! Legal Troubles.
I am trying to open a HUD-VASH home. I am trying to rent out a 3br SF by the bedroom. The City of Cleveland has specific regulations for these types of homes. I am in the correct zoning district, I have paid rental re...
Matthew Matilsky
How did you start multi family investing?
I’d love to hear from people who got into real estate investing as a side hustle.How’d you find your first property to buy? Listing? Networking? Also, how’d you know where to look? I make a decent salary, mid six figu...
Darcy Ernat
Learning REI, Starting Small ?
I am BRAND new to REI. I have yet to purchase anything.. I'm in the information acquisition phase. I just listened to Rich Dad Poor Dad. I have the sense to take the broader messages and not believe it as a blueprint ...
Fay Chen
CPA or Bookkeeper?
So I'm starting out with one SFR and looking for someone to help me with taxes. I found a few bookkeepers who also prepare taxes. One of them is a real estate investor himself! Can anyone help explain to me the practi...
Raul Aguilar
Newbie from San Francisco, CA
I'm Raul and I was born and raised in San Francisco, the city by the bay. I've worked in IT for 13+ years and spent my off time as a no budget film maker. I recently had a paradigm shift in my thought process after li...