Hey y'all, my wife and I are looking at our first commercial purchase (a five apartment building). The lender we're working with asked us for a pro forma mortgage. I've done this in residential, but I'm unfamiliar wit...
Hi all,
I am a new real estate investor. I found a duplex and want to see if the deal is good or not. Would appreciate any feedback.
Normally, for a duplex, I would house hack as experienced investors recommend. B...
I am already 40 and some friends advised me to start saving for my retirement as early as now. That I should start calculating how much I will need during my retirement and a company pension plan or Social Security ca...
For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...
Hello BP,I am looking at a property in NJ and starting to get a better understanding on how rent control will affect my investment. The town I am looking for has some information posted, which I came across, but cann...
Hi. I've had a tenant in a house for over a year. They renewed their lease just over a month ago and have now asked for me to install a gate/fence so that they can let their dog loose in the backyard. The quoted cost ...
I've been browsing the forums and it seems that many people are into leveraging their money by buying numerous rentals looking for long term wealth. That sounds great... However, I want to retire ASAP. My SFH will be ...
Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...
Hello Investors,
I am considering forming my LLC to begin Fixing and Flipping homes in the New Jersey area as soon as February, March of 2024. I am currently employed full time and I've yet to complete one flip howe...
Good morning everyone!Today, I'm going to lay out the REI plan that I intend to follow over the next 2-3 years. In doing so, I hope that you fine members of BP will troubleshoot any short-comings that I do not see.Thi...