If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the...
Hello BiggerPockets community,As I begin underwriting smaller acquisitions targets in both Logan Square and Englewood, I find it hard to project anything beyond a 10% IRR, CoC above 3.5%, and an equity multiple north ...
Hello BP Community - Precise market timing is impossible or at the very least extremely-difficult to attain (otherwise we would all be multi-millionaires/billionaires). However, there are a few indicators in my market...
Hi friends,So I own several rentals and they're all cash flowing nicely. Now I'm ready for my first BRRR. When I started I didn't know about Bigger Pockets but now that I do, I've got myself in knots trying to analyze...
Currently sitting on $60k in Cash. My lease doesn't end until July 1st, 2021. Didn't discover bigger pockets/the concept of house hacking until I was in my lease. Should I keep growing my cash reserves and wait until ...
Hello all, would appreciate some feedback on my situation:
My wife and I purchased a 2 flat in the Lakeview neighborhood about 2 years ago, It is a 3 story, 2 unit building near right off the Southport Corridor (Very...
Hi guys,Rookie investor here. I was wondering if there is a risk in taking over from property management and having a new lease agreement with the tenant. The property is on my name and that would mean the landlord se...
Hi All, Happy New Year! My name is Ryan Cotterill, and my wife and i have been looking for investement opportunities in recent within the Kissimee area. We have rented STR's ourselves in both Davenport, and Kissimee p...
Hello everyone, I am semi-considering buying a fourplex in Clarksville, TN for $400,000 with my VA benefit and living in one of the units while managing this property with my husband. The rents are currently at $895/m...
So this is my first post on here guys. I got a reference from some guy over on ATS and thought I'd check it out. Looks like a wealth of great, non-BS, info. Awesome.
Anyway, I'm 23 and an aspiring landlord. I know i...