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Friends, I have a couple of rental properties, and two of them completely paid off. I am trying to find a way to leverage them to buy my first multi-unit property. It seems that everyone I’ve talked to wants me to r...
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I have a one family house renting out the top living in the basement. My CPA says when I file I should not file showing the rental income because if I want to sell then I will not get the 250,000 tax free allowance. I...
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I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...
Hi Peter "newbie" here, I'm new to BP and looking for Pros and cons on rolling my company-sponsored 401k into a self-directed IRA to purchase rental properties. I understand you have to go to a Trust Company/custodian...
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Hey everyone,
I've come across an opportunity where the seller owns a large house and also owns a vacant lot adjacent to the house and is trying to sell them as a package deal. This deal is pretty enticing to...
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My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...
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Hi all. Want first to say how much I appreciate Bigger Pockets and the wonderful advice I have received here..
I own 3 rental properties at this point. My wife and I have lived in our personal residence for the pas...
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My question for all of you guys is that while some of you guys are investing in multi units that provide a rent income of 10-15% return. My question is why not invest all this money to Real estate investment trusts? M...
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Hi all, brand new, zero deals, but motivated - hoping someone with more knowledge that I have can give suggestions on how I should start out in REI given my specifics. In the absence of a mentor, and getting bogged do...