I'm in year 5 of real estate investing. I've told my wife that I only want to own properties in states that don't have income tax. The same goes for our personal residence.
I've heard stories of investors, for ex...
Hello everyone, I am brand new to BP and have been listening to podcasts for a couple weeks now. I am 22 years old and will be graduating college in December this year and plan to work for the same company that I have...
I own a STR lakefront home. My neighbor from across the street (not lakefront) approached me with this idea: he will buy a pontoon boat to dock at my house. Renters can pay extra to rent the boat. Simple enough. How w...
My wife and I are getting ready to close on a 3 unit rental property in a suburb of Buffalo NY. All three units are currently occupied, 2 of them are month to month and one is currently on a 1 year lease. All three ...
The other day I was giving thought to this question, "Why visit and participate on Bigger Pockets?"
For me there are a number of reasons.
1) It is an opportunity to share what I have learned and help where I can
2) ...
So I have $200K liquid in the bank (I have my own company) and I earn about $260K a year (before taxes).
By my calculations, if I buy a $250K condo in a well sought after part of the city, and pay it off COMPLETELY i...
The rules of investment of changed. The US dollar is at risk and the element of cash reserves essentially losing value should be beginning to factor into long term investment strategies. News and political affiliation...
Hi there! My landlord reached out to me via email regarding their need to sell the home I currently rent, as they are attempting to buy a home out of state for their child. They are selling via OpenDoor, which require...
I own a condo in flagstaff and a house in Colorado. I want to sell both to buy a house in New Mexico. How do I do this without taking a huge tax hit?
K Got a couple prospects here, let me know what you think.
Option 1:
Duplex side by side
$115,000
Rents $700, $600
Market: $141,000
Taxes: $2579
Info: New windows and doors. Seperate furnaces and air so tenants cover...