Chad R.
Is there a Tax Benefit to having Mortgage interest all on rental property ?
15 May 2024 | 7 replies
So 30k in interest payments on a primary would only net most people an $800 tax deduction since they would have already got the standard deduction by default, where as 30k in rental interest would translate into 30k in deductions.This means that for an awful lot of people, they effectively don't get to deduct the interest on their primary.Keeping the loan on your rentals, while getting rid of the loan on your primary also helps from an asset protection side of things.
Henry Clark
Self Storage- Who is Sam XXXX?
14 May 2024 | 4 replies
Normally don’t do a lot of shade or water activities but will find something else to do.
Ally Alvarez
How should I prepare myself for a local real estate meetup?
14 May 2024 | 4 replies
Remember, everyone starts somewhere, and acknowledging your beginner status can foster genuine connections with seasoned investors who are often more than willing to offer guidance and share their experiences.Local meetups serve as invaluable hubs of knowledge, bringing together like-minded individuals who are active in the same market you aim to enter or are already operating in.
Patricia Kwan
Airbnb-ing a Primary Residence
15 May 2024 | 6 replies
I am trying to figure out if people generally run these are sole proprietorships or through an LLC.
Charlie Moore
What Cash-on-Cash Return Should I Target in Multi-Family?
13 May 2024 | 12 replies
I rarely see people talking about IRR at that size.
Ashley Kroft
STR Co-Hosting Beginner Looking for Advice on Getting Started (El Paso, TX)
16 May 2024 | 5 replies
There's a number of people that teach/coach how to start and run a STR company...Tony and Sara RobinsonMicheal Sjogren Rob AbasoloMicheal ElefanteAnd others depending on what fits your goals.
LeRoi De-Souza
Out Of State Investing
15 May 2024 | 17 replies
I am looking to connect with people who are doing out of state investing.
Rajin Saini
How to Grow PML Network as Experienced Investors
15 May 2024 | 13 replies
@Rajin SainiReach out to private lenders here on BPHappy to take a look at some of your dealsWhat we find to work the best is honestly not sell anyone but just tell people what you doYou fix and flip a few homes per month using private and hard money
Al Boettger
Residential Assisted Living
17 May 2024 | 41 replies
I've heard horror stories that it's usually impossible due to the "burden placed on the municipality" but could really never understand what that burden was... most people living in those units wouldn't be using the school systems so aside from maybe an increased volume in emergency medical situations I can not understand that statement?
Andre M.
How much do you expect out of your snowbirds on the Gulf Coast?
16 May 2024 | 11 replies
I had already factored in self management...I’m just wondering how people do just continuing STR over the winter months.