I'm looking at houses in Las Vegas that unless you pay cash, don't cash flow at all, and in most cases are a loss. So how are people making money with rentals in Vegas on 20-25% down financed properties? Appreciation ...
Hi BP!How do you all budget for a new investment property purchase?I have been saving with the goal of purchasing a duplex within the next year or so. I'd like to house hack. I've realized I'm more likely to make this...
Dear BP Members:Hope you all are doing well . I wanted to get some advice and also best practices. I recently purchased a 9 unit bldg. and the rents are at least $200 below market value in the surrounding area (Heat a...
Recently, in the case Birdsong, doctor's wife demonstrated that she actively and extensively managed their rental properties and was therefore a “real estate professional”. RE professional is not limited by the passi...
So we originally planned to move into the home then decided to keep our daughter in her current school. We have renovated this beautiful 4 bed, 3 bath Pool home on Amelia Island, it's a bike ride away to the beach, 7 ...
Does Airbnb fit into the BRRRR model? if not, why not? I'd like to know if it's feasible to calculate certain assumed vacancy rates for an airbnb to estimate monthly cash flow
Hey all. The only loan I qualify for is a first time home buyer loan based on income statements (of my business). The interest rate is going to be really high, about 8-9.8%. I talked to my broker about refinancing in ...
NEW form 1099-NEC replaced 1099-MISC for contract labor THE DEADLINE IS FEBRUARY 1st! When, where and how?
The short answer is: obtain form 1099-NEC, fill it out, and mail “copy A” of that form to the IRS and to ...
Hello BP community,My name is Aman Agarwal and I am 29 years old. I live in the Greater Seattle area (Redmond) and work as a Software Engineer. I not so new to real estate investing but I haven't done it right in the ...
Hi, my name is Brian and I use to be on here years ago, but some unfortunate things came up and forced me away for a few years. During this time I was given 2 homes in Detroit from a friend (at the time). I paid $495....