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Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
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Hey guys,
Has anyone invested in the Growth or Income eREITs offered by Fundrise?
I know it's a rather risky investment but they do guarantee a reimbursement if the eREIT performs less than 20% annually. They also ...
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I have been around Bigger Pockets now for about a year and have been involved in the nightly rental business for 14 years. Here on Bigger Pockets I read posts from many people who are concerned about getting into the ...
Hello, everyone!
Let me say first how I love , love BiggerPockets!!
Second- I got a situation here: i graduated from UCLA last year (biochem degree) then left to Russia to do some investments there ( got the whole...
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Hey BP,
My wife and I are under agreement on our first out of state single family property. We’ve established a team on the ground to help us with due diligence. We are looking for advice from experienced investors t...
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I have this Idea of taking a 20% withdraw for a down payment out of my 401k to avoid PMI costs and down the road to grow my properties to gain financial independence. I understand all of the consequences like 20% fed ...
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
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How would you invest say $800k?[...it is a smaller more winnable lottery ;) ...]I often ask this question to friends to show them that one does not have to wait to learn and have a strategy. This time I'd like to ask ...
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Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
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Hello BP Family,What are your thoughts and/or experiences with rental vacation property?