Hello BP,I have listened and read many stories on BP of how people buy a property, fix it up, cash out and use the cash to buy the next - like a BRRR. However, I am having trouble which is frustrating. My income tax r...
Brandon mentioned in his blog here:http://www.biggerpockets.com/renewsblog/2013/11/05...that if you own a property free and clear you could lose 50%+/- to taxes. He didn't say much more than that but that took me as s...
Have a question regarding rent control in San Francisco . A lot of 4-6 unit multifamily units I am looking right now have at least 2 units which are at very low rents . lets say i buy a 6 unit with 2 under rent contro...
I've been reading some on landlord mentality. It's led me to a few things I need to clear up. I'm a newb and still in the absorbing information phase.
This may be easier as three seperate questions. Here it goes:
1)...
I have applicants that wish to rent one of my units, their parents/in laws will be living with them for 2-3 months. Parents have visa and are not United States citizens because of this the applicants are requesting p...
Thanks in advance for your time.Myself and other 4 friends have been talking about forming a limited partnership to jumpstart our RE investement journey together.We have a good chunk of cash to start building our port...
After numerous conversations with investors, CFAs, data scientists and economists in conjunction with my own understanding and study as a CFA candidate, I thought it would be worthwhile to share my thoughts on how I t...
Hey BP,I'm in search of guidance/advice on how to best accomplish my REI goal. I'm looking to purchase/control around 10 properties in the next two years in a specific market. The market that I am looking at is a very...
I am buying a new property and plan to rent the first one. Wondering if I should utilize a property management company or rent myself. Pros and cons of each one. Thanks in advance for any feedback.
Greetings BP Fam,Seller wants $375k walk away (after commission and fees), doesn't want to offer buyer any subsidy. Sold comps identify $300k is more realistic, other sellers are offering buyer help.Caveat: desirable ...