My fiancé and I are currently in negotiations on a triplex and the inspection revealed some unexpected repairs. With the cost of repairs and the down payment, I’m wondering if we are in danger of over leveraging ourse...
BP,I’m currently new to REI but I want to take advance of the benefits the military has to offer. I’m currently in the army and will be PCSing in a few months and I want to “house hack” a duplex or triplex to save the...
Hello All!I'm preparing to buy my first house. I will buy as a primary residence with either a 15 or 30 YR conventional loan and plan to rent it after two years of enjoying it and making it "tenant proof". After readi...
27 year old from Hawaii. I recently bought my first cashflow property in Orlando, Florida. I own the property free and clear. It cashflows $700 a month. Honestly, I dont know what to do with this money that is coming ...
Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...
Hi everyone,I'm 25, currently renting, working full-time and had been educating myself on real estate through books, YouTube, and podcasts the past several months. My goal is to househack a multifamily in 2025 in the ...
Hey Folks,I hope everyone's weekend has kicked off with a bang (or a hammock)! I have an employee here in the restaurant I run. He is 19. He is one of the hardest working 19 year olds I have ever met (when he wants ...
Hey everyone! Happy to finally be posting on BiggerPockets after listening to just about every episode of the podcasts. I am 25 and working in healthcare full time while saving up for my first small multifamily house ...
Hi, I'm fairly new to BP. I wanted to know what are your views and perspectives on sweat equity if you know how to do all of the work yourself ? Would you hire a contractor to do so ?
Hello all,
I have $200K to invest. Looking at turnkey properties to invest in (homes ~$100K, 20K down). I am needing advice on a plan. 10 homes at one time, buy one home and use equity to purchase more, etc.... A...