Humberto Perez
Deductible losses on rental property
I'm doing my taxes and when I plug in the numbers for my investment property it shows a passive income loss due to the taxes and interests on the mortgage. Would this hurt me if I want to get second investment propert...
Roger Johnson
New from NJ/NY area!
Hello all! My name is Roger Johnson, I live in Maplewood, NJ which is in Essex County, less than 30 mins from NYC. I'm a 34 yr old architect and I have two 2-family houses (one I live in and one in Newark) and I'm lo...
Sam Tanner
Buy a cheap place now or wait and save?
Hey y’all,I am based in central oregon and my fiancé and I are looking at purchasing our first home and begin building a portfolio of rentals. Currently our savings are pretty low, mostly because a significant amount ...
Ashley T.
STR tax deductions when there’s no rental income
We bought an STR this year but we were not able to rent it at all due to some repairs that took much longer than expected. Wondering what to expect come tax time. Will we not be able to write off any of these expenses...
Alex Markle
Affording first duplex, not owner occupied
Hi everyone:
I'm currently 1.5 years in on a 30 year fixed rate mortgage on my house that I live in. I'd like to find a duplex I can afford to rent out for my first investment but since it won't be owner occu...
Account Closed
How to fund down payments/closing costs
Hi everyone,I’m looking for advice on how fund downpayment/ closing costs for rental properties to maximize the amount of units I can buy per year.Should I save the cash, use personal credit of line, home equity ( I o...
Noah McPherson
Buying auctioned foreclosures
Hello BP,I'm currently preparing for my first BRRRR deal in the Duluth, MN area, and I'm curious about a couple things. Forgive my naivety, as I'm just a beginner. Anyways, I am considering pursuing a foreclosure (pos...
James Bertrand
Future implications of using BRRRR without one of the R's
I've scoured the forums looking for an answer to this, and it might be a "duh" moment but I figured I would ask anyways.A short backstory: My wife and I have just received a HELOC on our primary residence and are on o...
Rich Hupper
Where do developers get their money
Hi I am trying to learn more about property developers. When a property developer finds an old property in a historic district of an urban area that currently has many code violations not safe for human habitation, is...
Marco Magoni
Foreigners in the US Real Estate
Hello everybody. I am Italian and I have discovered this site thanks to my wonderful relatives in the US. I am curious to know if is it possible for a person who lives outside the US to invest in the real estate busin...