Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Inc...
Hello BP family. Let's get right to it. I've always been an ambitious go getter since I was a kid. Never followed the pack always stood alone and wanted more than the average. I grew up in a low income area, but alway...
If you’re a landlord you’ve been trained to be leery of Section 8 housing. There is a negative stigma associated with the program and people who receive vouchers in the program. We recently had a panel at the SLO Real...
So I've thought about this for a long time, and I'm genuinely curious. Do real estate agents and brokers really hate sites like Zillow and Trulia? They're my go-to sites for doing initial, preliminary research on a ...
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
Hello! I'm a new out-of-state investor excited to get into the Cleveland market. I've read multiple bigger pockets books and have been part of a RE mastermind discussion group, so I feel I have a lot of theoretical kn...
Hello BP,
I’ve seen numerous investors preach to invest in bitcoin. I thought I’d ask the BP community on whether or not it would be a good idea to do so. Some people say it’ll be a “trend” that’ll end, others say the...
Hi BP Community -Is anyone out door knocking or have experience door knocking on pre-foreclosures? I'm trying to put together a script and I'm hoping someone has some good input here. :)Thanks much!Recia
Is driving for dollars, knocking on doors and posting letters on doors the most efficient and cost effective way to generate good leads?