Any one have experience with deducting rental expenses against ordinary income (not just rental income). I know there are rules regarding active versus passive investing and there is a cap (MAGI) but if one is over th...
I'm two days away from closing on my second duplex and was given permission by seller to show the vacant unit and try to line up tenants for after closing. He's generally been pretty amicable, but I suspect that's be...
I will be closing on a duplex in December. I have inherited tenants with no leases. How should I start the process without scaring off the tenants. They pay about avg Rent they take dissent care off their units. I wil...
I am new to real estate in Baltimore, Maryland. I am wondering if any of you more experienced investors could give me some advice. I'm looking for deals, but don't have my real estate license so limited access to th...
Hello BiggerPockets!I've been consuming as much content from BiggerPockets the past 6+ months to plan for an earlier retirement than I initially thought possible. I plan to ease my way into REI by renting out my curre...
Permit delays in NY can derail timelines and budgets for developers and flippers. What are the best strategies you’ve used to minimize this risk and keep projects on track?
I'm looking to buy a multifamily property in Buffalo, NY next year with a low down payment and live in one of the units. I'm doing my research now because I'm self employed and my plan will determine how I do my taxes...
Hey everyone! I’m a 22 year old firefighter that’s looking to own a couple of rental properties. I’m in the process of getting my real estate salesperson license to gain access to MLS listings as well. My main goal is...
I just received this new marketing piece that is being distributed for a new loan program. I thought it would be something that the BP community may find useful as it directly relates to rehabbers.Has anyone else com...
All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...