
6 January 2022 | 2 replies
I've had floors where the scratches weren't deep, so it was pretty easy to reapply the top coating and clean it up.https://zothexflooring.com/3-e...

7 January 2022 | 6 replies
Verified numbers and verified expenses from Sch E docs.

7 January 2022 | 21 replies
Ideally, I would find a bank that would let me put 0 down because the Debt Service Coverage was so good - but I'm unaware of any bank that would do that.

7 January 2022 | 2 replies
I am interested in buy and hold rental properties, and ideally multifamily.

15 January 2022 | 1 reply
The area of this acreage doesn't fit our ideal location, but I knew the comps in the area.

24 January 2022 | 25 replies
We did want acreage, although it's not our ideal locationAdvantages - enjoy the acreage, lock in the gains on our current home, let our income grow over the next few years and purchase a "dream" property in a more desirable location.I also believe this would increase our gains significantlyDisadvantages - maintaining acreage, cost of moving and getting a new home built or M/H setup, and having to move in a few more years.

19 January 2022 | 6 replies
I can't seem a large benefit of REI in a case where you have to put 20% down in an average market.Ex:20% on $500k move-in ready duplex where about $1k cash flow (ideal scenario)Assumptions - 6% housing appreciation, Stock 6% appreciation (conservative estimates)Profit- House appreciation 6%/year- Mortgage paydown and it's 6% appreciation/year- Cashflow invested back into mortgage paydown+/- tax deductionsExpense- interest payment, taxes, home insurance, maintenance ~ roughly 1k a/f deduction (conservative est, probably alot more)VSOpportunity Cost- Down payment 20% = 100k in mutual fund 6% return/yr- $1k/month expenses that could be contributed to mutual fundYes there are still alot of variables- housing and stock appreciation/return will vary depending on location/time/stock- did not exactly calculate out the tax deductions / expenses but made a conservative estimate in favor of REI- did not include time and fees dealing with REI transactions vs just working a few more hours at my jobWhat i'm seeing is that in a scenario where someone will not be building sweat equity or finding a crazy discounted deal on a property and going through a conventional 20% in an "average market", the argument doesn't seem as strong for REI vs mutual funds/stock - they seem to be pretty close if you take into account the variables mentioned above.

14 January 2022 | 12 replies
I have thought about that and it would be ideal.
6 January 2022 | 0 replies
Hi BP community, Our family has been leasing a small space in Southern California since mid 2018 for our e-commerce retail business (selling heavy machineries to end users nationwide).