Pilla John
Curious Question for Fellow Owners!
19 January 2025 | 1 reply
Whether it’s a deep clean or a quick standard turnover, I’d love to know who’s been your go-to.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Having the books properly set up for the first time ever will help me get all the deductions I’m entitled to.
Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jerry Zigounakis
3-2-1 Buy Down
22 January 2025 | 6 replies
I'm in the process of purchasing a STR and am intrigued by the 3-2-1 buy down. 1st year of the loan would be 4.5%, 2nd year 5.5%, 3rd year 6.5%, 4th year standard market rate.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jacob Riddle
Hey everyone!! im new and READY. located in flint
26 January 2025 | 5 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
That is very standard.
Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
Over time, as property values increase, your wealth grows.Tax Benefits: Rental properties offer tax advantages such as depreciation and mortgage interest deductions, which can help reduce your overall tax liability.Scalability: Once you’ve mastered the BRRRR method, it becomes easier to replicate.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
I would look for an experienced agent of my own who understands what is standard for your market.