I went live with my first STR just a few weeks ago. Bought a 1 BR cabin in Broken Bow, OK. Since going live I've been doing everything I can to try and 'dominate the algorithms,' considering I'm both a new owner and n...
Hi all,I am residential real estate agent currently in the process of purchasing a property management company (mainly the contracts held). I am working both with the owner of the company and an attorney who is a fami...
Hello,I am currently located in the Denver, Colorado area, looking to start doing some fix and flips to generate some extra income and eventually transition to a full time real estate investor. One of the biggest limi...
How did you all start in real estate? Did you buy your primary home plus house hacking it? Or bought a primary home and took out some cash from equity to buy a second home for investment? or let go of the primary home...
Hello BP Community,
Long story short, I am 27 years old, and live in Bonney Lake, Washington. I spent ~ 6 years years in the Marines and now work remotely for largest E-Commerce company in the US (good ol' Amazon)...
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
I currently live in Hawaii, but I used to live in Northern Indiana. A deal popped up back in IN. It's a package of 4 houses (8 units total) for $200k, cash-flowing $30k+/year!What kind of advice can I get from the BP ...
Hello, this is my first post here.
There is a foreclosure auction on a 850 square foot house that's appraised at $330k. The land that the house sits on is 50ft by 300ft. The house on one side is nearly 500k and t...
Almost 2 years ago, we rented out our personal SFH. The tenants are professionals, who had hit upon hard times during the recession and their credit had taken a severe hit. They also had 3 large dogs (we have 2). B...
Newbie question, assuming 250k duplex with 25% down requirement.(62k)Cash reserves are currently ~45k70% LTV in my current home is 92k.How would you finance this first buy and hold? Does it matter where I pull the ca...