Hi everyone, New to this site and REI, really excited to have found this resource. I’ve got a property that I rent out for $1600 a month. I’ve got 65k left on the mortgage and it’s currently appraised by Zillow for ab...
I am conducting some research for collecting data in order to better serve my real estate bookkeeping clients. If you can spare a few seconds, I'd love to hear your method for maintaining your financial records for yo...
Hello,
I own one rental property and report income and expenses related to that property on schedule E. However, I also have other expenses in connection with general real estate investment activities (not connecte...
Hi guys,I was doing some research on last year's tax lien sales for Denver County in CO. I noticed that last year's auctions showed a premium averaging 10% for each lien sold, regardless of size. What's odd, is that t...
I've always wanted to get into real estate just didn't know where to start. I live in Brooklyn NY interested in investing in rental properties in other states. Any suggestions or guides?
Hello Everyone! I will soon be living in the Spokane WA area, and my boyfriend and I hope to get started on flipping homes. We are both currently looking for regular full time jobs so we can qualify for an FHA loan to...
Hi All,Wondering if in general investors are setting aside a % of their rental income for income tax. I realize this will differ greatly depending on personal income/location etc. but curious (especially in Ontario, C...
Hello,I hope this post finds you well.I purchase and sell vacant land using the following method: 1) use direct mail to find people who do not want their property, 2) purchase that property at 15 to 25 cents on the d...
I'm looking at a 3 flat right now and one unit I will live in and the other units I will rent out. This isn't a house hack situation where I'm going to rehab and then flip. I plan to live there for the long haul and i...
Hi there BP community!
I am a newish investor in Los Angeles. Have been researching the forums here and there for two years or so, and am finally joining the conversation. Also most recently have been enjoying the BP...