Brieer Doggett
Pay Debt First or Start Real Estate Investing
16 August 2018 | 69 replies
You have to live somewhere and having tenants paying you is an added bonus.
Darrick Lowe
Home Equity Loan or HELOC for down payment
11 September 2018 | 9 replies
(i put my bonuses from my day job to it).The HELOC rates kept increasing almost every quarter and that scared me.
Todd MacDonald
Book on Self Storage
30 March 2023 | 5 replies
Get it from the BP Bookstore for free bonus content!
Donn Milton III
Whole Seller Tactics
30 March 2023 | 2 replies
If your family decides to take that offer instead of yours, advise them to get a substantial amount of EMD, POF (make sure they verify it) and have someone look over the contract to make sure there are no 'gotchas'Is there any way you can make your offer more enticing to your family?
Owen Mitchell
Getting Approved for a DSCR Loan
1 December 2022 | 2 replies
My last comment is that if I were you I would hold off a while before you buy that truck even though I know it is enticing.
Logan Guest
Formation of a Syndication vs Fund
30 June 2020 | 6 replies
Cost Seg/Bonus Depreciation less predictable and more complicated.Individual Syndication Deals: Allows single deal evaluation, typically shorter hold time, may be easier to turnover money and deploy capitol into new deals, single K1 typically thus more simple taxes, may need more upfront due diligence since need to vet both deal and sponsor.
Jennifer Hamon
Do funds in a 401k plan count as cash reserves?
23 July 2019 | 9 replies
My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is coming from variable sources (RSUs, bonus, ESPP, etc) but I'm told lenders won't consider those forms of variable income until you have a few years of historical earnings for them to mull over.
Patrick L.
Pictures of a Not So Junk $30k Rental....
4 March 2015 | 34 replies
@Mary lou Long No mention of the pool in the listing, it was an added bonus.
Eileen Mee
South Jersey House Hack
18 March 2023 | 4 replies
We are definitely considering other ways to increase our passive income, such as occasionally renting a room in our own unit to a traveling nurse/resident, finishing an ADU or bonus area for airbnb, or renting parking spots.
Tom Nguyen
Is it good idea to show Huge depreciation after cost segregation?
26 May 2022 | 13 replies
Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA recommend not taking all deprecation because He/she not comfortable with all the paper loss.