Hi BP,I am new to the site but I am vigorously doing diligence in order to start investing in a MF for a cash flow hold. Everyone on this site is more experienced than I, and was wondering if anyone ran into any probl...
Hi! This is a kind of House Hack/BRRR. We live in an expensive neighborhood in NY where there's usually nothing that would cashflow. But our primary home would be a great rental and potentially net us $3-4k per month ...
Is it possible to make money owning your own Property Management Company? I ran some numbers for my local area and it doesn’t seem profitable. Looking at 100 properties at average rent of $650/unit and a 10% manageme...
Hi BP Family.
Just learned today my offer was accepted for a property in Fort Myers. This home will need lots of renovation as the original owner lived in the property for the last 50+ years.
Looking for investor f...
Hello! I am currently looking to purchase my first property that I am going to House hack. Today I looked at a property that has a major foundation issue. The house is on the market $299,900, The foundation is stone a...
Hello EveryoneI have a condo on the far north side of chicago( East Rogers Park) it's falling apart but has character and I'm wondering if I can unload this property with the aid of an investor who might see this unit...
Hi,I have a tax related question on the rental properties. I read that rental property purchase value will be depreciated to 0 over the course of 27.5 years and that depreciation can be tax deducted every single year ...
I’m fairly new to BP and the idea of real estate investing in general. I’ve been listening to a lot of podcast and reading the forums when I get a chance. I really like the idea of a small multi family rental. What a...
In the simplest case of an investor with a single primary residence and a single rental property, where one of the properties is owned free and clear, and the other is mortgaged, in terms of tax benefits, does it matt...
Have a property listed for sale and the seller has pointed out a bowing basement wall. Closing will be contingent on an inspection. We are already out-of-the-money on the deal. Given my past experiences, very worried ...