Will Toress
Seeking advice on tax deductions for STR that's under construction
Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...
David Cherkowsky
Considering Out of State Investing in Huntsville - Interested in Networking
Hi All,I am new to real estate investing and am considering investing out of state. I live in the Washington DC area and it seems difficult to find cash flowing properties here. One area I am considering for OOS inves...
Jane Dang
New fence replacement on rental property is deductible or depreciation
Hi,My rental property is a single-family home. I had to replace the fences after a strong storm last year, which costed $4200 in materials and labor. Is it possible for me to declare it as a repair and deduct the expe...
Eric Hassfurther
What are your minumum return thresholds in DFW SFH rental?
Hello everyone - I'm newer to Bigger Pockets and this is my first post! Here is my main question, and then I will give you more context below: - When looking at potential purchases for SFH rentals in the DFW area, wh...
Rivy S.
How do wrap around mortgages affect my DTI
Hi,I am trying to understand how doing a wraparound mortgage will affect my ability to get more loans. My rentals with regular mortgages on them add to my income (rent *.75 - payments). But with a wraparound mortgag...
Anne Pitkin
How to offer landlord a win-win deal for 5 properties at $2.5M?
Hello BP!The Portfolio: Five multi-families (All 3 units, excellent tenants, excellent locations, well-kept). Purchase price: $1.3M. Value today: $2.5M
The Background: My landlord (let's call her Sara) owns 5 propert...
Justin Goodin
What are the returns like in a real estate syndication?
As with most investment vehicles, people are attracted by and curious about the possible returns. By investing passively in a real estate syndication, you can earn two types of returns: cash flow and profit split.
Ca...
Morgan Warfield
New Young Investor Looking for Tips!!
Hi! I am Morgan, I'm 19 and I'm just getting into real estate investing. I want to start early so I can build up my investing more and more over time. I'm currently taking Robert Kiyosaki's real estate course online s...
Norman T Eng
Funding for my first purchase?
Hello All, I'm looking at my first purchase and based on my analysis it is a good deal. I'm a newbie at this so I'm trying to figure out the best strategy. However, the down payment will be 75k. What are the best w...
Doug Smith
Calling all PRO's.... insight for the rookie please
Hello BP,
First a little back story as I feel there are many out here just like me.
Around mid-December this past year I read Rich Dad Poor Dad and my wheels start turning. Followed that book up with The Richest Ma...