FYI a bill was introduced on Tuesday that would restrict investors who purchase 50 or more single-family rentals from deducting interest or depreciation on those properties from their taxes.https://thehill.com/busines...

Good day everyone! Newbie here, trying to explore being a Real Estate Professional.My spouse and I recently closed on a rental property in FL, it needs rehab. Both of us are Travel Nurses. My spouse just finished her ...

Hello, new to the site but I saw a similar post from a couple years ago and thought what he got was an amazing deal, knowing what I know now about the area. https://www.biggerpockets.com/...Anyway, to my case - This i...

We recently just purchased our first property that we will house hack. The other unit - we are looking to rent out has stuff all over the way (I believe kids wrote on the walls and paint). Do I need to clean the wall ...

Folks,For renters in the austin area, do folks still prefer single or double storey? I'm seeing a trend where the single storeys seem to sell out faster and for more price (for the same sq footage) - but this put me a...

Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...

Obviously every property is a different situation that needs to be evaluated but I'd like to find out why it seems most people prefer to take a home down to the studs and renovate versus completely tearing down the pr...

Hey guys!! I am currently in the process of building a custom home for 320k in Raleigh,NC.The sq ft of the home is 1975 and with the add on of a bonus the total is 2343 and also a screened in porch 18x12.It's a cape c...

I am learning some things the hard way. Looking for some help. It seems that the local and online lenders I've spoken to do not do the following:
1. Loan <50K
2. Cash out refi<50K
3. Cash out refi > purc...

Hi everyone.I purchased my first property last week and have settled on my scope of work and the contractors I will use.  I am hoping to have them actually do the work in the coming days.  I am wondering though, what ...