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I'm constantly reading on BiggerPockets investors saying you need to buy rental property, break even, and hope for appreciation and/or lower rates in the future to cashflow. WRONG!!!
I'm here to tell you I'm still fi...
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Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
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I was wondering how you would go about finding out how much (in percentage terms) the operating expenses are on a property without owning it aka when looking for properties to purchaseBecause of course if I already ow...
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Hey BP Nation,
I am a young investor who has been hunting for my first property to househack in the Cincinnati area, and I am happy to report that I have a duplex under contract!! I am very excited to get started and...
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Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
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Okay, So I guess this isn't my first residential rental. I have another duplex that I lived in, couldn't sell, so now I rent it.
This is my first property bought with the intent of renting it immediately.
This hous...
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I rewrote this a few times I know its a handful, thanks for looking. Feel free to shoot holes in it.Got a q for you BP. I am doing a 1031. I have a CPA and a QI. I understand that advice here is not professional, even...
Hey everyone, I live in Brooklyn, NY and I am looking to house hack. I was wondering if anyone can give me some information/guidance if getting into house hack in NYC (expensive market) is doable or what kind of asset...
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Hi. I am curious if you buy and hold landlords put more money on your mortgage payments, or somewhere else. I am talking about cash flow. After all expenses, say a property is producing $400 monthly cash flow. The...
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Hello all, I'm an agent in Atlanta who works primarily with investors. I see a lot of posts on here asking where to look for deals and thought maybe it would be helpful to summarize what I know and what I'm seeing tod...