LaShawn Stephen
Starting out and looking for some input
Hello BP members!I am starting my journey of getting into long term rentals. I am focused on the Houston market currently and looking to buy 5 properties over the next 5 years or less. I currently have a home that was...
Alexander Spira
How to figure 750 hour to write off losses
I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...
Michael Hudelson
Newbie Looking For Helping Getting Into Real Estate Investing
Hey everyone! I'm just now getting into the market and am looking for advice on how to get started. I have the capital to invest, but I just need a solid mentor and path. Any suggestions are welcome!
Nicholas Delgado
Flip Project Timeline
Hey BP,I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The projec...
Ashish Acharya
Real life example of the real estate professional status
Recently, in the case Birdsong, doctor's wife demonstrated that she actively and extensively managed their rental properties and was therefore a “real estate professional”. RE professional is not limited by the passi...
Greg Earnest
Rent Comps Vary Drastically in Milwaukee--How to analyze?
Hi BP Community!I am new to BP and have been lurking on the forums for a while. I am a recent transplant to Milwaukee (from LA) and looking to put in my first FHA offer in a 2-4 unit in about 2 months so that I can ho...
Vincent DeLucia
Checklist or data points to look at when choosing an out of state market?
What are some checkpoints or data numbers you always look at when searching for an out of state market for rental properties? Crime rate, job growth, population, median income etc. Anything else that is a must to review?
Paul D.
About to look at a property, what should I look for?
Hello BP! Been doing my research and finally putting the books down to go out and look at a property I have been scoping for the last year and notice a price drop within the last 6 months. The Property is located in...
Rich M.
what would you do if...
Hi team. Im In San Diego, self employed for the past 15 years, have about 30k cash, have about 150k in equity in my residence and Im looking to prepare for my familys future... My greatest challenge right now, is my b...
Randy Barnaby
To self manage or not...that is the question
With 10 properties, I believe I may be close to needing a property manager. That being said, after a review of the time spent self managing properties over the past year, self managing seems like the way to go. The c...