Turner Wright
Bad Deal—Help for 1st Investment
My first RE investment may be a bad investment, according, to two realtors who specialize in the market area. I estimated an ARV of $310k after rehab, but they say I will be lucky to get $275-285k. Below are the det...
Jim Piety
Should I sell my breakeven rental?
I purchased a fixer upper through a wholesaler in March 2021. After more repairs and expenses than expected, i could not sell the house for a profit. The house would not appraise. So instead, I refinanced, pulled out ...
Jeffrey Scholz
Passive Losses, NIIT, and CRE Syndication
Hi Bigger Pockets,I've seen bits and pieces of information about this in various places, but I'd like to ask people who have actually gone through this procedure.I anticipate my rental properties will accumulate about...
Jeremy Janszen
Short term rentals and non-passive income tax classification
Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback. I understand I should consult my CPA, and I will. They are, however...
John Voychick
buy rental without risking primary residence?
I am new and looking for some advice.I currently co own my primary residence with my wife and would never want to risk it.Is it possible for me to invest in longterm rental without putting my primary residence at risk...
Danny Webber
The Superiority of a Blended Real Estate Income Portfolio: Why Diversification is Key
Introduction: A blended real estate income portfolio refers to the practice of combining different strategies to invest in and profit from the property market. This approach is considered superior to pursuing just one...
Michael Dunn
HML/Private Money Questions for 2018 .............
I'm leaning towards doing a HML ( will be my first ) I have read and understand the way in which HMLs are constructed and how they work in a general sense , but given t's now 2018 and since the last time I really cons...
Account Closed
Flip Gone Wrong- Advice Wanted!
Hey everyone, I wanted to get some advice on a house flip I have done over the last year in Madison, TN. This was my first flip, that I financed with a hard money loan. The finished house is a 3/2 that now looks reall...
Mario Morales
Is this profitable? Not sure if this is good or bad
I got my tax return, schedule E and my property due to depreciation, took a loss. Not sure how to feel about this? See attached Supplemental Income and Loss, statement.
Josh Young
Buy and Hold "the best strategy for building long term wealth"
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $480,000
Cash invested: $24,000
Purchased using a 5% down conventional loan. I bought this home and lived in it w...