It was 1997 and my then wife and I learned she was pregnant.  We were both college educated, making good money (I was 25 and she was 23), but we hadn't saved any money.  1997 was the middle of the 1989-2201 real estat...

Hi RI Investors,
I am looking to purchase a multifamily property in Providence, RI that has tenants with year long leases. Does any one have advice on key things to do before you inherit tenants— from the letter of ...

Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...

I'm having some troubles figuring out what's next. I feel like even if I found my dream deal, I wouldn't pull the trigger and buy. I'm hesitant, because I want to reach a nice nest egg of about 5-7K to pay for down-...

I am pretty much sure this discussion is going to be killed by our overlords here in BiggerPockets due to its controversial nature. I used to like BiggerPockets. I used to log in regularly and comment on posts wheneve...

My house in Union City (East Bay) has 3 beds/2 baths of 1340sqf + garage on a land of 6000. Recently I've been thinking about building an in-law unit of around 600-700sqf with private entrance and put it for rent. The...

Hi, I would like to know how do you guys keep your debt to income ratio low to continue purchasing homes with mortgages? I don't have any debt, i have a decent credit score, 2 businesses and a full time job. What do i...

Hi,I live in the San Francisco Bay Area (in El Cerrito, in the East Bay) and would like feedback on my plan to get started in real estate investing. I'm looking for a way to lower my housing costs with this plan.The p...

Hi. I am very new so please be kind if my question is too general as I understand that lots of factors can come into play but for those of you more seasoned investors, if you had the opportunity to invest in those 3 a...

Hi BP folks! My name is Mike and I have been perusing the boards for a couple of months now. Well...we pulled the trigger and made an offer on a duplex that is about 30 years old a couple of weeks ago and had the insp...