Kevin Olson
4 family great location in rough shape..is the juice worth the squeeze?
BP, I have an 4 family under agreement in a affluent town north of Boston, very low vacancy rates and majority single family higher priced homes in the area. Property is located in a great location with ample parking...
Frederick McCarty
Does owner finance payments offset debt to income ratio?
I hope this is in the right forum and I hope it's not an ignorant question? When purchasing on terms do owner finance payments help offset seller's debt-to-income ratio when trying to purchase another home? Basically,...
Julio Gonzalez
Are you using cost segregation as a planning tool in your real estate portfolio?
Many investors are familiar with the concept of cost segregation studies and may have even had studies performed on their properties. But are you using it to its full capability as a planning tool within your real est...
Scott Buchholz
Rent or sell
I have 11 years left on 15 year mortgage of primary residence turned rental. PITI is 1,500. Potential rent is 1,600-1,800. After I factor in capx, vacancy, etc. I'm negative cash flow. But factoring in tax savings and...
Steve S.
If you acquired an 8-plex with $7,200 gross rents, what would be
a reasonable purchase price with the following assumptions:- 25% down- Property taxes around 2.5%- Insurance around $4,800
James Myrthil
Questions about applying for loans
Hey all ! I have a SERIOUS question. I bought a two fam house 9 years ago which I am living in and renting one part out. I fell in foreclosure 6 years ago and my credit was dealt. I recently got a loan modification (5...
Andrew C.
Selling a 1031 exchanged property with increased debt
I have never sold a property that I've previously 1031'd into. I am confused on how to think about my potential tax liability and I've had different opinions from professionals. The scenario is that I bought a house f...
Chris Odell
UBIT for Self-Directed IRA
Hello BP,Can someone help explain why self-directed IRA’s are subject to UBIT tax on non-recourse loans but a solo 401k is not? I understand that the 401k is considered a “qualified plan” but, in my eyes they both hav...
Lisa Fryer
Sell or hold as rental?
Hello BiggerPockets community!
I need a bit of help deciding if I should sell or hold one of my properties. This is a brand new manufactured home we are installing on a small lot about 10 minutes from our primary. Th...
Michael Clark
What's the "catch" to buying homes at an auction?
It seems like going to the local auction is almost too good to be true. I sat through one about a year ago and so many of these properties were selling at such a heavy discount. Forgive me if the answer is obvious, I'...