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Here's a topic we don't see a lot about: is your CPA depreciating your rental property faster than the 27.5 year life of the structure by breaking out elements with a shorter life like flooring, roof, furnace, etc? Wh...
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I just bought my first 2 unit property- I am house hacking currently. How much money do you think I should save for reserves in case of an emergency or if work needs to be done? 5,000 a unit? more? less?Thanks guys!!
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Do many seasoned investors recommend to tap into your life insurance cash value as a loan to your self to fund a real estate investment? this that a good strategy for someone that has limited liquid cash in the ba...
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Hey BP.This is a serious question with no time for fun and games.The Bible says JESUS CHRIST is the only way to HEAVEN.I believe it.Sooner or later we will all die and stand before GOD.If you except and admit that whe...
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I’m in my 20’s and was wondering what someone my age should have saved up by 30 in order to be able to retire early by age 40.I contribute to 401k and Roth IRA but I’m more interested in hearing peoples opinions on ho...
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Hi everyone. I am debating between buying a single family property where I really want to live on long island (convenience, close to friends/family, location I like) vs buying a multifamily in an area in a NYC borough...
Hello, I have a question.. and I am not going to beat around the bush about it... About me can be found here on a previous post. So as I stated in my previous post, I want to invest in real estate but I cannot seem to...
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What goals did you set for yourself to achieve before quitting your W2 job? What's your journey to time freedom and financial independence look like?
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Hey all, first post, please be nice ;)My first property purchase was in 2017. I very much was guided by a family member and just did whatever they said. Been a great experience for 7 years. On a whim, I recently revie...
I'm 19 years old and I want to get into making a steady income purely off multi-family rental properties. My only problem is my lack of available capital, what is the easiest way to initial get enough capital without ...