Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
I'm looking to sell my home soon and pretty sure I'll make close to a 100k profit based off homes that sold in my neighborhood. I see 6 or 7 homes in my city around 45k for sale that I would love to buy to fix and ren...
I'm starting out and already collected cash and some knowledge needed for my real estate investment deal. I'm thinking about the investment into an oceanfront single residence vacation house for short-term rentals wit...
Hello BP friends, I have my first multifamily under contract and one of the units is empty. Can I ask the current owner to have it rented before closing? Is there anything else I should ask for or stipulate or is that...
Just read an intro from another guy in Boulder, Colorado. Wanted to reply but thought my first post should probably be my own intro, so here it goes!My name is Jay Taylor, and I'm very much a newbie to RE investing bu...
What is the best method for begginning to filter all this data. My thougts were:
1) Calculate mortgage based on purchase price and down payment
2) Apply 50% rule
3) Determine "potential" cash flow
4) Physical...
Hi BP! My name is Tony Scarangella and I currently live in Queens, NY. I’m a newbie investor with exactly zero deals under my belt. A little about me and how I found the community...For the last 10+ years I’ve worked ...
I currently have 100k in cash to invest in real estate. My goal for the next 12 months is to create an additional revenue stream that provides monthly income (specifically I am thinking a 4–6-unit rental property). Wh...
Aloha BP!Looking for properties here in Paradise is truly difficult due to the HCOL here. I've read the tip of starting in your "own backyard" and that tip has stuck with me. With that being said, I've been trying to ...
Hi folks, I'm pretty much learning the ropes in investing in the US and would love to connect with my fellow Canadians already doing just that. I need to know how I can structure my business to minimize my taxes and l...