Hi All! I'm a newbie here and stumbled upon this site as I recently started to explore the idea of investing in real estate. I am currently in the Akron area and thinking of starting off with investing in single famil...
I own a ~6200 square foot house on Martha's Vineyard that I would like to renovate and sell. Construction costs on the island are insane. I was speaking with an experienced flipper / investor this morning who thinks t...
I am trying to figure out how my accountant has accounted for expenses associated to my non-rental long term homes.
Say at year end I have 5 homes n inventory and sold one house I had held for over 1 year
Furthermo...
Hey BP!Considering my 1st purchase... I ran it through the BP rental calc and it cash flowed $28... I'm hoping I did something wrong!Anyway, what do you think??? Here are the numbers:Property - FHA Owner-occ QuadP...
On a recent Bigger Pockets Podcast episode (link above) the guest discussed the idea of investing for equity and not cash flow. Unless I missed it throughout the episode, I do not recall them ever discussing how you c...
I’m 54 and husband is 57. We would like to start REI but worry we are too old. If we want properties to cash flow to help build some retirement and possibly find a retirement in 8 years ( meaning, quitting our 9-5 in ...
Good Afternoon y'all! I recently moved to Dallas after graduating from Texas A&M University with my masters in Real Estate. I am currently working for a real estate lending company in Las Colinas. Working in the i...
Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
Hola!
I'm on the verge of purchasing my first RE investment (s). Keeping neighborhood classes out of the argument and risk aversion is irrelevant, what would YOU do? As far as finances and tax advantages go!?
Scenar...
With the housing market so crazy, where are people finding deals for short-term rentals these days? I prefer places out west in the mountains, but I’m open-minded. I spent a lot of time looking in the Smokies and am m...