Im going to start by saying I’m new to real estate investing. I’ve been doing research and evaluating deals for about 6 months now. I found a property in a growing area with good appreciation. They are asking 142k. Fo...
This is my first post for some insight on this great forum...and it's got a ton of moving pieces.My husband's parents own commercial property (free & clear/no mortgage) on a large lot that has a board and care (as...
Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...
I live in Southern California where we're lucky to have a number of long-running investment groups. No matter the topic, I enjoy attending meetings to meet other investors face to face. This week I've been busy - atte...
https://therealdeal.com/miami/2017/03/29/thor-equi...You see this large firm? Okay so they bought this property for $15 million. It is 5,000 sq. ft. and rents for $300/sq. ft./year. (It doesn't actually say the rent f...
Can someone set me straight on why I would want to use a self-directed IRA for REI when, as I understand it, does not offer tax benefits or liquid cash flow?
Hi getting some interest in tax sales and have a few months until the tax sale in my area and want to learn as much as I can. What are the best resources out there to learn more? Do the owners typically redeem in the ...
I went to my first tax lien sale yesterday (Boulder, CO) and wanted to write about my experience. The interest rate this year was 11% and if the account owner doesn't pay for the following year you get the first oppor...
Hello BiggerPockets community,
My wife and I have a combined W-2 income of approximately $550K, supplemented by $100K in stock grants annually. The income distribution is roughly 60/40 between us. We’re long-term ren...
I have several units in Chicago and tenants are reaching out to me that they are not working and are looking for support. I know this is a tough time and we are in this together. How do I respond to tenants and is the...