Andrew Lisi
Starting Out w/ Children
My wife and I are seriously considering jumping into real estate, thus being on this website. I've started reading a bit and we're hoping to purchase a multifamily unit here in Chicago as a "house hack." One concern I...
Mark S.
Growth Equity Group
Has anyone here done business with Growth Equity Group? I received a BP email from a gentleman, stating he is with Growth Equity Group. It looks like they allow for non-recourse financing and their clients utilize s...
Briana Martin
Recommended Property Type for First Time Investor?
My husband and I live in a home we own in Southern California and are looking to buy our first investment property. We are parents of 2 kids under 2, so we need our first property to be as low risk and hands off as po...
Jeff Ashachik
Getting a US bank to mortgage a property in Belize
Hey all,Does anybody have experience obtaining a mortgage from a US based bank or lending company for an international property (Belize) and have any recommendations? I’m looking for options to finance a condo for vac...
Masashi Borges-Silva
Reducing W2 income tax by actively participating in real estate
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
Michael Szypulinski
What materials would you use to improve a rental property?
Hey everyone,I wanted to see what recommendations the BP community has when it comes to rehabbing a property in preparation for it to be rented. 1. What kind of material would you use that is ideal (low cost, durable...
Joe Mazur
Should I loan someone $100k for 10% return?
I connected with someone that I don't know personally who was looking for an investment partner. He is a broker but can't get qualify to cover the purchase of a property he wants to fix and flip. First we thought we...
Kevin D.
Schedule E
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
Michael Kellogg
Newbie starting down the path
Hey all! My name is Mike. A couple things about me. I’m a software engineer (frontend web dev) working remotely in Berryville VA. I have a wife and two kids and I’ve recently gotten more interested in real estate as a...
Ken Wang
Investment strategy for High income earner ?
Dear All,I am new to REI, and have been researching optimal investment strategy for me and my family. If we invest in cash flow property, after taking the depreciation tax benefit, the positive rental income will stil...