Looking at a off market 100 year old duplex in a gentrifying area of Nashville that the owner approached me about. 3 bdrms a side rent for 550 a room for a total of ~3200/mnth. Obviously this place has a lot of curb a...

Hey all!
I have been listening to about 2 bigger pockets podcasts a day to and from work for almost a month now, and recently took the plunge in setting up an account. I'm located in sunny Dallas TX and want to start...

Hello, is this a deal if its actual information? I see a cash flow of $36,876 / 12 =$3073 monthly.   Down Payment of $415,000 looks like the difference of the Selling Price to existing Loan balance. I guess it would b...

Can a property improvement under $2500 be written off in the year it occurs, even if the expense happens before a renter is put into the property?In the old tax system, my understanding was that home repair expenses c...

Dealing with hardmoney lenders
Where to draw the line

Assuming the following expenses in a Real Estate Retail Transaction from end to end
Buying a property expenses
Purchase price
+ Acquisition Expenses (Purchasing...

Hi,
I want to locate my first investment property that I plan on purchasing with an FHA loan and house hacking (living in one of the rooms and renting out the others) in Northern Virginia. Since there aren't many mul...

I was looking over the health exchange website and one of the income questions was Net Rental Income amount. Does net rental income factor in depreciation? Or is depreciation a different type of expense because you...

Hi! I'm still rather new to real estate investing and I've been slowly building a chart of accounts since most the accounting softwares are not set up directly for real estate investors. I tend to feel like I'm missin...

Hello Everyone!I am trying to break down different scenarios for a future flip in Chicago and was hoping I can get some feedback from people.  I do plan to do this under my own name and not in the name of an LLC(for t...

Hello BP.  Not sure if this is the right place for this post or not but seems close.I just bought my first rental property, a triplex.  It needs some work, but one of the units is already rented so I'll have that inco...