Today we closed on our 5th investment property. This one is a 3/2. 1584 sq ft. No basement. Garage and large backyard in a good area. We are trying to decide if we should rent or possibly try and flip this one.
Pict...
I've been looking around for some time now and I keep reading about cash flow of 100 dollars or less per unit per month. Is it worth the effort ? Here is my situation see what you think..I am looking at REI for maybe...
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
I just graduated and got a job as a structural engineer (starting this month). I accepted a salary offer of about 70k a year with a 401k match plan available. However, I want to invest aggressively in real estate. Spe...
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Hi BP,I know this may seem like an odd question and one I don't expect many people to answer for privacy concerns and not wanting people knowing your personal finances. I would like to know if there are any people out...
HI Everyone...Just joined BP - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...
BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor!Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax str...
Hello fellow bigger pockets members, so i’ve been on the hunt for my first rental property for a few months now. I spoke with a real estate agent and he’s offered to sell me a duplex that he and a partner own for $150...