Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $201,000
Cash invested: $50,000
Currently renting 3 bed, 1 bath unit while live-in flipping 1 b...
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I am looking at purchasing my dad's house as he gets ready to move into a retirement center and was looking for an opinion on my simple financial proforma on the house.I am a first timer and normally would not be look...
Ive heard from a few people that if you own and occupy a current home and want to hold on to it and rent it out while buying a new home elsewhere it is best for tax purposes to put the new home in your spouses name. I...
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Hi all,
I am currently exploring potential markets for a STR via Airbnb. The Joshua Tree/Twentynine Palms market stands out to me. Does anyone have STR experience in this area and how has that been going for you? Any...
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Hello, I am a Real Estate Investor and would like to branch out into a different market. Where I currently live and own property has a high demand and low supply of properties. Does anyone have advice, suggestions, ...
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Hello BP family, my very first post and interaction on here. I hope this works, this is actually for my brother, he is looking to sell a rental property and wants to avoid paying capital gains. Does he have to use t...
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Hey all !So I am getting ready to close on a property that I will be purchasing furnished (washing machine, fridge, couch, etc.). I am curious as to how to go about depreciating these items, since they are not exactly...
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Hey Bigger Pockets!I am currently reading through the ABC's of real estate investing by Ken McElroy and have run into an issue regarding offer price. In McElroy's book he says to determine the property value and offer...
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Hi, I am trying to think through how I might use a self-directed 401K. My wife and I are newbies, so please bear with me.If I understand, a participant can defer up to 18K to a self directed, and a corporation can de...