My wife and I are brand new to the community and are looking for direction. We owe $150,000 on our home which is currently worth $550,000. We have a little over $100,000 in the bank. We live in the Central Valley in C...

I was lucky enough to speak at the OCREIA meeting last Thursday night in Orange County, CA.  For me, it was a huge success to get a chance to make a presentation based on education.  I don't know if they bring in paid...

Hello I'm looking to invest in some homes in MI (Detroit) but I currently reside in CA..is this a good ideal or not?  I do own 1 home in Detroit that I would like to rent as my first investment after a little renovati...

Hello everyone!I am a young civil engineer by profession, soon to be licensed. I enjoy construction and development in the Southern California area. I have an understanding of the city regulations and with that in min...

Greetings,

I'm new to the BP community but have a question about selling for a profit or holding for long term rental rates.

I bought my first rental in 2013.

205k purchase price
215k appraised value at purchase
47...

Hello everyone. I'm Tom from California. I recently decided to get into real estate to produce some passive income.  My plan is to purchase single family homes priced up to $100k with at least a 12% cash on cash retur...

Looking to buy another rental and do a cost segregation to boost tax deductions to offset income from other rentals. Question is, I have these 2 rentals in different states. Do I need to buy the new (3rd) rental in th...

I just finished closing on my very first investment today. I have been working with an agent and thought the process I have been asking him to get me the information but he never did. He would always just say, oh I'll...

How did it go? How did you find it? Did you make money, or end up with a learning experience? What would you do differently if you could do it again?

Hello,I am a real estate investor in CA. I own rental properties in Florida, Tennessee, and Illinois. I already filed my federal and CA tax return. Do I need to file state return for FL, TN, and IL?As far as I underst...