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Basic tax question if anyone can help for a 2 family in NJ, Jersey City.Tax is around 20%, and rental income is considered capital gains?Lets take example 50k rental income for 12 months,property 7k taxes per year,let...
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Hey guys ! I’m very new in REI, I just read real estate books and spend lot of times on you tube and BP. I can’t wait to invest in a first property but I don’t know which country to invest in. I’m french and I leave i...
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Hello again,Curious if anyone might have a general understanding/answer to my question(s).Stuck here in between paying off my mortgage on my first investment property and rolling the property into a LLC for future col...
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Greeting all BP members! my brother and I for the past 6-8 months have made a commitment to be RE investors. With my brother being a recent college grad and myself having a family and responsibilities of my own we hav...
Hi All:I tried to search for similar threads, but haven't come across anything so wanted to start a new thread to discuss.Situation:My wife and I put down a construction deposit of ~$50K for a new build in a small dev...
HI, I am located in the Bay Area and looking into an investment property in Austin or the surrounding areas. I have talked to a few realtors and am getting conflicting information on which areas have the best potentia...
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Hi All,This is for those individuals that invest in Charleston, SC. If you were to purchase an investment property in Charleston, Mount Pleasant, Johns Island, James Island, which of these specific locations / zip co...
The property is 45k cash and rehab is 25k-30k. Total 75k. The problem I'm having is the comparables are 65k, 95k and 165k. All very similar in size and condition. The plan is to BRRRR the property and cash out. How ca...
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Hi Biggerpockets community,before I post my question(s), I would like to let all of you know that every time I spend time on the forums here, I am amazed how helpful people are and how strong of a real community Bigge...
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Hi everyone,I’m a new investor looking to purchase my first 3-4 unit deal and need some advice. These types of units in my current market go for more than $200,000 with rents ranging $850-950 for two bed rooms apartme...