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2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?Second question. After you Rent an...
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I am currently a junior in high school and as i am graduating next year i am curious as to becoming a real estate agent and then after establishing myself using the commissions to fuel my investing. I had a few questi...
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We just took over a vacant 3 unit apartment building in Weehawken NJ. The laws in Weehawken, NJ aren't too clear on what we can rent the units out for. The building was delivered vacant to us, so since we're the new...
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http://money.cnn.com/2016/06/22/technology/airbnb-...from the article"This week, Los Angeles started to take action against rent-controlled apartments that have been illegally converted into short-term rentals The cit...
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COVID19 has helped me to transition out of one business into real estate investing. I know that I will benefit from a coach but where to find one that won’t just give me a bunch of videos to watch and text to read. I ...
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We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements. To my knowledge I believe this is p...
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Hi all! I’m at the very beginning of my REI journey and I would love some guidance on how I can best optimize my planning, research and saving phase (which I’m dedicating 2025 to). I’d like to start off by house hacki...
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Hello! Just wanted to share some notes on my experience with RentRedi. I was not going to but I noticed BP is now promoting RentRedi again on their recent podcasts so just want to share with others before people deci...
Hey guys,I am currently in the process of closing a mobile home park with 11 lots. I will be renting out lots to tenants, and I only own one trailer in the park. I pay the property taxes, and tenants take care of main...