Hi all! Newbie here….Wondering about the pros/cons for cost segregation. Purchasing our first STR, a 2/2 ski condo for over 400k. We got hammered in taxes last year due to our W2 income, so looking for ways to offs...
Hoping to get your opinion on me and my husband's first potential investment property. For reference, we don't have kids (maybe in the future) and our combined income is a comfortable $200k so we don't need the rental...
Hello BP,I’ve read in a variety of places on these forums that it is financially more advantageous to own real estate in your own name as opposed to your solo 401k. Let it be said that I’ve primarily interested in sma...
I have an idea that is either crazy or brilliant, and would like feedback.Nutshell: Find older (70+) cash-strapped homeowners with lots of equity who want to stay in their home. I purchase the home at a substantial di...
Hello everyone,recently upgraded to Pro as I'm beginning to jump in on a full-time basis. I'm currently looking at 2-3-4plexes but I'm having a hard time securing financing as my previous career was more of a freela...
I am a potential first time home buyer trying to make the decision if I should buy or keep renting. A little bit about me. web developer in Boulder have been with my company for 2 years. Currently rent a room in a hou...
Hello AllWe are in the process of acquiring properties for use as STRs. When it comes to insuring the properties, I had been doing some research trying to understand the types of insurance these types of properties sh...
Was wondering what you guys would do in my shoes.
Background
Next year will be working in the Middle East where I will be able to save 50-70K a year. Each contract being for 2 years. Will have 2 months off a year t...
I am trying to decide whether househacking makes sense here if my goal is to generate $6K/month passive income asap.
I live in bay area California. I have the opportunity to build two ADUs on my primary residence. Th...
Hi all,
What a great forum :D and the perfect place for me to vent today! As it happens, I am very concerned about my tenants - many Sec 8 voucher holders reside at my building and several of them are model tenants...