This is on long island. I'll be ready to buy a duplex to live in/rent in about 5 months. Until then, I'm just researching and trying to pick out a few good buys for experience. I'm wondering what you think of this one...

Hello BP Community,I have an, all cash, deal on a home I will be buying through an estate sale near Pittsburgh and I really need to do a cash out refinance to  get some of that capital back ASAP.  I know that most ban...

I am working with a SFR owner that has just received his NOD. He currently is about $8K in arrears. The property is 29 yo and in good shape. Zillow values this property at $300K. The only mortgage is in the amount of...

I want to get into the mobile home scene but here in California its a bit over priced so i would like to buy out of state. But in Cali I happen to run across a deal that is assumable, the owner only has 8 MH and 8 lot...

Here is the deal: 8 unit complex. Purchase price would be $325,000. Owner would finance for 6.5% 10% down. Each unit rents for $500. Only 1 unit has been vacant for 1 month in last year. The roof was new in 2016. Cur...

Hello, I purchased a house as residential rental and started depreciating the property over 27.5 years with cost basis of $100,000. According to the depreciation rate table in the IRS form 4562 instructions, the dep...

I showed an old home yesterday that had electric heating and electric stove. The client asked me approximately how much more is the monthly bill for electric vs gas for same usage?

 I have couple of question for accountants:1) Is there anywhere on a tax form that calculates your total income?Total income: from everything; from W2 + from rentals, + every other income , without any deductions. Ev...

Hi, just wondering when I look at a listing on Zillow it will sometimes say in the description 12% cap rate (or some other percentage). What do they mean by cap rate? How is “cap rate” determined? And what is a g...

So I will include an excel spreadsheet I recently made. It is just going over the numbers of a house I found that I thought would act as a good house hack. It is a SFH but has a separate entrance for the basement. I t...