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I have been lurking here for several years. I have been wanting to create an additional revenue stream for my wife and I. I believe it would get us a step closer to financial freedom. I would love to be able to tra...
Hello,I had a tenant last winter and the heat in his unit was supplemented by the unit above him.It gets really cold down there in winter but he chose not to have free heat and sealed the vents tightly with an aluminu...
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There's a duplex that I'm interested that looks like a candidate for seller financing. My realtor showed me the house. I stuck around and started talking to the tenants: They spoke of a older guy possibly looking to r...
In short, I'm currently living in a 2 family but am moving to Massachusetts. I am seeking the expert advice, insights and recommendations of BP as I move to the next step of building my real estate portfolio in Massa...
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Hi, I posted quite a bit a year back or so about my interesting situation. I lived in Japan for 20 years and was going to start building my USA based portfolio from Japan. I now actually live in Colorado full time and...
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Hey Everyone,
I'm considering lease options as a future investing strategy and am curious to hear others experience with it. Do the tenants often buy the house at the end of the deal? How long do most lease options g...
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Economic Update
(Monday, June 21, 2021)
Fire has always been part of Southern California’s ecosystem, but today’s wildfires are more intense, more frequent, and more dangerous than ever. The memories of massive bla...
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Hello BP world,Been away for a long while. A bit background: I've been investing in real estate for approx 10 years now and have a small portfolio of single families and multi families. While it's doing ok in aggregat...
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If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $83,700
My first TX property! I'm excited to invest in a TX property since the Dallas area ...