Southwest Philly is about to see a huge change occur immediately in the next 2-3 years and significantly in the next 5+ years with two major development plans in place and already starting to take form. The developm...
So I have purchased and own two properties (a duplex and condo) through my self directed IRA. My question is this ---- now what do I do? How do I purchase more units? Unfortunately, I don't have enough money i...
I have been renting my first home out for 3 years. The rent I collect 1950/month which is two times the mortgage payment. I only owe $45,000 and I'm considering paying off the house within the next 2 years. What are y...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $100,000
Sale price: $282,000
Hi BP! To keep it brief: Bought a house via short sale. ...
Hey guys, so I’m new to bigger pockets and this whole real estate world. I’m currently 19 - just turned in may, and I’ve just been hit the real estate bug after reading rich dad poor dad. So far my last 4-5 months du...
Hi fellow investors -
I recently conducted two cost segregation studies on my rental properties. I am self-filing my taxes through TurboTax (extension in Texas due to ice storm) yet I can't seem to locate where or h...
Is anyone familiar with using Life insurance to invest in Real estate? I am looking to open a life insurance policy for Infinity banking concept to invest in real estate. I am debating between Whole life or IUL. Which...
When a house is listed as "foreclosure" on MLS, what exactly does it mean? The other categories include "short sale", "pre-foreclosure", and "REO", so they are not referring to the same type of listings. And almost 8...
MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
I just closed on a duplex rental property in Pittsburgh, Pennsylvania! Any words of advice or beneficial strategies that can be offered to further my real estate endeavors?