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Greetings Forum members,This is my first post but I've been reading biggerpockets for years now and have enjoyed the insight of many members who have contributed. Thank you all!Recently, I have been searching for inve...
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New to BP but looking to get started in my journey to financial freedom. I wanted to create an open discussion for some experienced investors and understand what you would do in my situation. I currently have $40k and...
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I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
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So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
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Hello, I have a question for the forum: I have a multifamily property (2 fam) in Medford MA that I bought in 2019, and the cash flow after paying expenses is about 4K a month. The property has appreciated as we all kn...
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I'm too old to see a lot of the socialistic changes and bankrupt cities and states that you will. I just ask one question. How do we sustain the direction headed?
CBO (congressional Budget Office) just listed the...
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My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...
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Hello BP Community,I am an aspiring investor currently living in the high priced SF bay area of California. Currently I am still in an investigative stage of investing. Ive been focusing my search primarily in Sacr...
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Hey guys, new rookie investor here. I've honed down on my first quadplex and everything seems to be good. I just had a question about what to put in as my offer. I checked the auditor site on this property in the coun...