Patrick Brown
SBA loan when remainderman on life estate deed
23 January 2025 | 2 replies
There could be local considerations that are tax and inheritance related.Thanks for the reply Ken.
Mat Kiisk
Investors in single family residence in fractional shares in Marin county California
31 January 2025 | 0 replies
There will be no assessment for increase in taxes or insurance so remains at $1935.
Ryan Cousins
Hold onto a Negative Cash Flow Property?
17 January 2025 | 23 replies
That's 50k a year gone and you are losing tax write-offs and equity potential.
David Sam
Cost segregation study recommendations
26 December 2024 | 7 replies
It just needs to be completed with enough time for your tax CPA to complete your taxes.
Henry Lazerow
Two warnings for the Chicago market! Section 8 lawsuits and fake tenants ID's
22 January 2025 | 12 replies
@Greg Scott we're still seeing many competitor ads that violate the new law:(Not sure how so many "professional" PMCs missed this!
Jason Munns
Canadian Lender Finder?
27 January 2025 | 5 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Chris Burton
FTHB - Buy & Hold
7 January 2025 | 1 reply
I learned how to maintain a home, work with real estate professionals, contractors, interview prospects, etc.
An Lan
Any better suggestions?
26 December 2024 | 7 replies
Quote from @An Lan: I am not a professional real estate investor, I just invest in houses as a safe asset and do not choose to rent them out.
Basit Siddiqi
Experienced SFH Investor: Next Steps?
30 January 2025 | 7 replies
Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?
Tim Brinsek
Analyzing a Deal with Private Money Covering Part of the DP
30 January 2025 | 5 replies
From there, it's easy enough to look up the tax rate for corporations and make your tax burden assumption.