Hi BP Community! I have just joined and been listening to the podcasts and diving into the idea of REI the past few months. Both my husband and I work in the film industry so we are pretty tied to this location for ...
My fellow investors, and RE pros, I need your opinion. This would also be a good question for #AskBP. While I would think active investing (you know, wholesaling, flipping, being a landlord) as well as value adding to...
Questions for you Tax Pros out there. Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year. Assumptions: Social security is taken before full retire...
Hi there! I am interested in how rental losses work if income is over $150K and if not a real estate professional. First, I suppose that these losses can be carried forward but how are they eventually taken? Only i...
In most instances, I would assume it is for two reasons. To generate passive income which will help eliminate the need to work and to help with our retirement.
Normally about this time of year, various magazines come...
Hi guys, I'm new to the forums but have been listening to the BiggerPockets podcasts for the past few months in preparation for making my first investment property purchase. I'm really excited to get started with my f...
Hi BP community! I'm looking to start out as a REI on long island. I've been reading many books, attending weekly webinars on BP and LIREIA, and browsing the forums the past few months but this is my first post. My gi...
I'm a new RE investor and new to BP! I'm an Emergency Medicine physician in the Bay Area a few years out of residency training (still paying off loans). My first property is in a Dallas suburb that I purchased using a...
Dear BP! I just wanted to share my story with all of you and hope that it will motivate you and give you hope. My story will show some of the lessons I learned during the last few years. First, it doesn’t take as much...
Hello BP,
After investing for a year and a half, I find myself in a strange dilemma.
I've become so focused on cash-flow that I refuse spending any money on myself. I make extreme sacrifices on a personal level to ...