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Hello, 1 year ago I bought a property in Paterson, NJ for 187,500 ( I got a deal). I strongly believe I can sell the house for 250,000. I am currently collecting 1,250 monthly rent from 2 units each which leaves me ...
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Just wanted to connect with likeminded investors that are into hotels, casinos, multi family, etc. What have been the pros and cons of commercial investing? Do you find it to be a greater reward than SFH?
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My husband and I are under contract with another couple on our first BRRRR. I've set appointments with a RE attorney, CPA and then have plans to do my research with insurance companies and lenders but wanted advice fr...
Hi there. I am pretty new to Bigger Pockets and to real estate investment (at this point, have mostly invested in condos in Kansas City and Arlington, VA). Our advisors at Keystone CPA have encouraged us to consider...
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Hi all,I'm looking for advices. I'm planning on buying a multifamily property in areas such as San Jose, Fremont, Dublin, Walnut Creek, Vallejo, etc with price of 1 - 1.5 M.Live in one and rent the others. I understan...
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This will be for a property in Jacksonville, Florida. I will establish the llc, then buy the property via the llc. I read some states require you to have a business license. I want to make sure that isn't required i...
Greetings, I have real estate in several states that I recently inherited. I have a full-time job with the Federal government and am 3-6 years from retirement from that job. I'm here to learn about assessing ROI, but ...
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I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
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Every Podcast tells me the answer is yes, however every time I talk to my accountant he says that depreciation isn't always worth claiming. He mentions that when you go to sell the property or if you pass away you...
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Disclaimer: I am not a tax professional, so it's always best to consult a tax advisor for your specific situation.
Investing in real estate can bring about a lot of financial benefits, but it can also have a major im...