Chris C.
Are Deductions really per property?
If i have 10 properties and use the same phone for each of them, do i have to take that phone cost and divide it by 10 and put it on each schedule E? Or could i deduct it 100% against one property?
Danny Webber
THIS YEAR YOU NEED A 12% NET NET RETURN ON YOUR REI TO BREAKEVEN
Am i thinking about this the right way?US dollar net value drops almost 7% in the last three months+An assumed true inflation rate of 5% (shadowstats.com)Loss of purchasing power 7% + Inflation @ 5%= 12% decline in ov...
Maximilian Glodde
Cash Flow Split Rental
Good Morning All,Need some advice please.A good friend and I are buying a rental property at $165K and structuring it as follows:- Formed an LLC in the state - both are 50% owners- I am contributing the down payment $...
Kendall Ta
Passed my Real Estate Exam, now weighing options.
Hello everyone, as the title mentioned, I recently passed my Real Estate Licensing Exam, and I am very excited for the journey ahead. I am currently located in Mississippi, and would like to know some avenues I could...
Thomas B.
Arn't you afraid of an earthquake in your city?
I just wonder how many of you worry that you have all your eggs in one basket. I have 8 doors in Portland Oregon right now and am afraid to keep investing in this same city. This city has a river running through the...
Vignesh Kumar Subramanian
Raising rent above 10% in Paterson, NJ
I have a 2-unit house in the Northside area of Paterson, NJ where i am looking to increase the rent of my tenant. Its a 2 bed, with 1 attic room used as bedroom, so 3 bedrooms and 1 bath. The tenant was previously pay...
Anil Villamkandathil
Failed Fix and Flip Exit strayegy
Hello all,
I am doing my first rehab flip. It has turned out to be damm adventureous/scary/ Stressfull/ Sleepless journey. I have my great share of mistakes, and if I survive this , will do it lot better next time. T...
Brahm Antonio
In times like this, how's your Property Manager handling it?
Good day everyone!
Let me start by saying, I am so grateful I have found Bigger Pockets and everyone in it. I have been reading through all the forums, attending webinars and listening to the podcasts. Thoroughly enj...
Michael Greer
Owner Financed Mixed Use Building with vacancy?
Hello,
A fellow property owner let me know that he has decided to sell.
He has offered to owner finance it to me with a $50k down payment, 7% rate for 20 years. I'm looking to buy a property like this to be my reti...
Derek Mizysak
Vacant house...how do I proceed?
There is a vacant house that I have been eyeing the last month. After some research I found the owner died and the heirs have let it go into foreclosure. When I contacted the back, they said I have to wait for it to b...