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Hi, I have been looking to get into real estate for quite some time now and i think this is the year for me.. my goal is to make this a full time job so i can walk away from my 9to5 five job. But i do need some good a...
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We would like to sell several properties, pay off a few others, without giving a huge chunk to the IRS. Is there a way to do this?
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Looking at a 19 unit self storage facility here in town. Asking price is $55,000 with gross potential rents of $13680/year. Property tax runs $2600/year and insurance runs about $600/year. Estimating snow removal a...
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My wife and I are trying to learn as much as we can about the RE investing. When we started dating, She owned a house that she bought as a foreclosure and rehabbed. Just recently, we bought a house with cash from her ...
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Greetings! This is my first public post, but hopefully you don't notice (-:About me: I am a beginner, and have been researching real estate investing for the past month. I've read "The Book on Rental Property Investin...
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Hello, Everyone - My name Is Cory Bagby and I am new to BP. I currently live in Chicago, but I am originally from the Oklahoma City metro area. I purchased a two flat in Chicago in December, 2013, and I am renting o...
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Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
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Back in the 'old days' pre - 2019 covid, my expectations were simple. I was scaling up to purchasing and renovation 10 houses a year. I was helping 20 other investors do the same. There were mostly doubles and trip...
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I am very close to closing on my first single-family home. The numbers look good for my wife and me but I was curious as to what we should expect to actually pay in property taxes at the end of this year. The property...
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Hello all, first time poster. I am currently examining multiple properties as a newbie and first time investor. I’m specifically interested in the BRRRR method as I have some capital but not enough to purchase and reh...