Hi all, I currently own two rental properties and have owned a few additional about a decade ago when I lived in another state. I'm currently in the process of starting to build my portfolio again, almost through a BR...
Hello,
We are learning more of the in's and out's of depreciation, trying to decide how to handle depreciation on some properties.
Basically:
* Our AGI is past the point where we can deduct any passive loss carryo...
Hi everyone, I just bought a 6 unit multifamily building in Somerville Massachusetts area (close to Harvard University). I am planning to redo all the bathrooms and kitchens for all units. This is an expensive area an...
I have a few low value REO's in a portfolio in a few different states that I am looking to liquidate to minimize losses, anyone know of any creative ways I can get these off?Thanks,
I have been heavily educating myself and have now started down my road to Financial Freedom. What is the best way to take minimal losses on a brand new 2018 vehicle? I realize now, that I made a huge mistake buying ne...
Hi BiggerPockets Fam,
I’m reaching out for advice regarding a challenging situation my husband and I are facing with a real estate investment. We entered into a partnership to purchase a mobile home for $105,000 with...
Long story short , didn’t do my due diligence . Purchased not one but two properties from a foreclosure with no title search . Comes to find out each property has a mortgage. Combined with the price I paid through the...
Happy Thanksgiving everyone. I have holding cost on 2 homes. I live in house 1. Can I foreclose on house 2 without affecting house 1? What's a good legal way to solve my issue. short sale house 2? find an investor to ...
Anyone have any entertaining tenant hoarding stories?When leasing property, I believe proper and thorough tenant screening is one of the most important things you can do to increase your return/minimize loss of rent, ...
I've been investing in real estate for 20 years and I've discovered that success in this field requires an open mind and a willingness to try new things. To make a profit, you need to keep an eye out for opportunities...