Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $596,000
Cash invested: $177,000
This property is a five-unit multifamily building situated on a 7,800 square...
Need advice: first deal as a beginner. Illinois--Single family house 360k asking- built-1920s-told that it will need repairs. Available for viewing in 2.5 weeks. Will look to get construction guy in to view it. Money ...
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I’ve decided to do a calc review in hopes to remedy some of the “analysis paralysis” I’m experiencing. There’s so many input parameters to analyzing a deal, it can be paralyzing. Especi...
Listening to the BP 50% rule (50% of Rent Roll goes to expenses, remaining 50% is your income minus mortgage) I realize the point being emphasized around cash flow and evaluating properties. I am wondering from experi...
Good evening everyone, I hope everyone is having a great holiday season. When it comes to economies of scale I have always been interested in the multi family space of real estate, but like most I have only had experi...
Hello Bigger Pockets Community!New Member. First Post here. I'm 33 years old and I would like to reach a point of generating $10k monthly passive income from rentals by 2030.I currently co own a single family home in ...
Hi folks, I am trying to buy a quadplex to house hack for my family. We are planning to occupy there for 1 ~ 2 years and looking for cash flow after we leave. So my plan is to get experience on managing property &...
TLDR; any real estate CPA recommendations? Hey BP, I live in California and I am buying an investment property in WI. I'd like to talk with a real estate CPA. I'd like to know what tax benefits require an LLC and what...
Hello BP community. I bought my first property in late October. Its a 3 unit in Sacramento California. I have two of them rented and I live in one. My question is what can I write off on my taxes this up coming year? ...
So we are new to all of this, going to hopefully close on cabin in Hidden Springs next month. It is already doing well on AirBnb, so we decided we will do the same.
Do we have to register the cabin or ourselves with...