James Carlson
Can we stop with the ChatGPT responses?
Anyone else notice an increase in BP users responding in forums with what appear to be ChatGPT-generated answers?
The latest one I noticed was here. (No intention to single this dude out, but it's the most recent one...
Joshua Sidley
First Rental Property: 64 sq ft bedroom?
I recently purchased a 688 sq ft 1bed/1ba condo in San Diego. I can break even on cost with 1 bed/1ba but I can add a wall and make it a 2bed/1ba. The problem is the room would be 8x8. Is that too small?
Ray Fajardo
Thinking about renting out current SF and House Hacking a MF...
Hi There,
Located in the North Central / Central Fl area and bought a SF about a year and a half ago, no real equity yet. Considering renting it out, ideally it cash flows since we have a fixed 2.75% 30 yr fixed, o...
Irfan Sabovic
Shareholder Loans Question
Hey all,I've been curious to find out a little bit more information about the following hypothetical that I can't find out much information about online. This is most likely territory for tax experts only but I'm wond...
Suneeta Mullin
REPS / Tax Shelter + SDIRA
Hi everyone!I am new to REI for all intents and purposes (just stepped out of a long career in aerospace, we have one SF property right now). Looking for a couple of areas of guidance in the near future:1. Shelter s...
Michael Plaks
EXPLAINED: "Real" cost segregation vs. DIY cost segregation
When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...
Paul Wurster
Recasting - A tool you didn't know you had!
I got a bunch of responses on a different thread when I posted about recasting so I thought that I might contribute to Bigger Pockets community as a whole.
Recasting a mortgage is simply reamortization after ...
Jonah Kolsrud
Will New Job Affect Ability to Obtain Owner Occupied Loan
Hey BP members,I am currently looking to buy my first deal which I intend to house hack. I am at a point now where my savings are more that enough to do 10% down or more, but one question I have is regarding my pay st...
Brad Morse
How to incent a contractor
Does anyone have any proven best practices to incent a contractor to deliver a project on time and at or under budget? I have a contract in place with a payment schedule, but would like to incent him to go above and ...
Tina Thornton
Passive Income Options
We are looking to diversify part of our portfolio and we are looking into some passive investing options in commercial real estate. There will be a 1031 exchange involved. What types of passive investing do you favor ...