Hello BP community, My name's Terence (Terry) Eng I'm a software engineer by day and I'm looking to join the ranks of the many successful BP members in this Real Estate game.  I've stumbled upon BP about 7 months ago ...

Hey All, Just wanted to bring up a possible idea I have been having to you guys. SO currently me and my father have been looking at putting our cash together and purchase a log cabin in Gatlinburg for a vacation renta...

Hello all, Looking for some help for the BP folks....My business partner and I currently own 4 rental properties, which we plan to put into an LLC. The LLC has been filed with the State of TN, and once it has been rec...

I just to plan for real estate investing, and already used some of real estate investing calculator for cash on cash calculation.I’m looking on long term investment and perhaps as a resource for retirement in next 20 ...

I purchased a home at an Ohio Cuyahoga County Sheriff's auction today for $46k. The comps are in the $110k area. The liens and taxes look good on the auditor and clerk of courts website. Nothing that wont clear up wi...

Hey all,I have an interesting situation that I will need to deal with next year. My father is a year from retirement and has decided to withdraw his 401k to help me buy some additional investment properties. The deal ...

Had a discussion with other investors today about 1031 and thought I run it here for opinions. John is an investor in my group.4 years ago, John did a 1031 exchange from a SFR into a MF and took on $1MM debt on a $1.5...

I take it the answer is a yes  because the sale and purchase price difference.I bought the house for 310K.
I can sell it for 400K.
I put 100K down when I bought it.
I recently cash out refinanced it.

After tra...

My team and I have an LLC that is the titleholder of our first investment property. We did not bring in any income last year. We want to write off start up expenses and start depreciating the property. We are seeking ...

Hi Everybody. Great news I closed on my first single family house. We hope to get the renovations started up next week. The question is I live in NY and the property is in Baltimore, for tax purposes is it better to o...