The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...
Hi BP, my immediate plans aside from purchasing a triplex to live in one unit with Rhode Island Housing were they have a program that finance 100% of loan, is to apply for a few Business credit cards (not linked to my...
I'm trying to decide within the next day or so if I should repair or replace the hvac in my rental. Here's all the details...-Townhome, 2 bed 2.5 bath 1600 sq ft. There are 2 HVAC units, one for upstairs and one for d...
A Bigger Pockets member located in Austin, Texas reached out to me in the DM’s earlier this week with a well thought out question that I think a lot of people could also benefit from hearing about. I’ll do my best to ...
On July 15, we went under contract on our 6th rental property. It's a townhouse and was listed for a day when our offer went in. It's in the same complex where we have two other units - offering on this one was a no...
I've been looking for a rehab property in B class neighborhoods and so far nothing has materialized. I'm using the typical general equation: ARV x .70 - repair costs = purchase price.I understand the markets are sup...
In this current marketplace, I seem to notice that a lot of investors are buying and holding more. Less seem to be retailing their rehabbed properties. Do you think rehabbing and retailing is dead, or should we be ex...
HI All, I am curious where you are finding your best deals right now. I am in the Richmond, Va, and surrounding counties area, and even the foreclosures are priced at near full market value and still need pretty compl...
I am 25 and would like to start investing in real estate and building a portfolio. What are the pros and cons to buying property in my name vs starting and LLC and creating my own real estate investment business?
We now know that Biden has been sworn in as the president of the United States. We know that he has recently signed or will shortly sign an executive order to extend the foreclosures out until September of this ...