I purchased my property in October 2018... however I did not list it on Airbnb until January 2019...therefore I had no rental income in 2018.Can I still deduct expenses such as mortgage interest, property taxes, depre...
Hello there, I would appreciate some extra eyes on this deal. I've run it a few ways and would like to better understand if this deal makes sense in a market like Brooklyn. Welcome your thoughts and suggestions. Thank...
So this here is a hot mess. My Ex-wife currently lives in my fathers home. She has lived there for 8 years paying no rent as he was trying to help her out. Now the situation has occurred that we need to rent the hou...
Hi All,9 months ago i decided i wanted to invest in real estate and i'm finally taking action and got my first investment under contract (home inspection next week). I've run the numbers but would love to hear what p...
I am about to formally retire, but I would like to buy land and build a nice new simple home somewhere warm. Any ideas? Where is affordable for new builds with quality builders?
How's it going guys? I'm from NYC decided to invest out of state. I've read about house hacking on a multi but I need some insight. Would it be possible to house hack in a 3 unit multi out of state leaving one unit va...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
hi all, I have 2 small multi family (4 units) and I am getting killed on expenses each month. They are averaging $3500 each month and that's before the bills are paid. Most of the tenants are section 8 and call for re...
Hello everyone! I'm a new member looking for advice about an opportunity I've been given.Due to my new job at a large mortgage lender, I started listening to BiggerPockets to familiarize myself with the real estate in...
Hello BP Community,I found a deal near my work. It's a two bed/two bath duplex. Asking is $435,00. Lot: 8,276 sqftMulti FamilyBuilt in 1950Price/sq ft: $194Both units are vacant. So, no tenants in place. I am interes...