Does anyone have experience paying down their loans with HELOC or Liquidity Line money? Ive been seeing and hearing of some options to pay these notes down quickly but haven't heard any of the downsides yet. Has any...
Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
I am looking into a Flip and with the new Codes for ADUs available in CA, I was looking for opinions of whether to build an ADU versus having a nice private yard? 1) Will a homeowner like the idea of an Income Produci...
I get it – the pandemic has triggered a surge in Do-It-Yourself home improvement projects since everyone has extra time at home these days. In fact, consumer surveys by the Home Improvement Research Institute show tha...
Hi my fellow Philly investors. I'm currently a realtor/investor in Atlanta but have been considering jumping into the market back in my hometown of Philly. Each time I visit I'm amazed to see how much the city has cha...
Sold the condo earlier this year and facing couple K's in capital gain tax since it was a rental for last five years. While I guess I should be happy to face that problem but still would be nice to be able to reduce t...
Would appreciate clarification on best determining my dwelling versus land value for depreciation:- Purchased first duplex - Early April 2018 - $369,000 - California- New Tax Assessment received assumes $143,541...
I have been thinking about obtaining a duplex to live in and rent out the other half as income. I do not know if I should try to buy on or build one. I know a builder who does duplexes, but buying one would be so much...
Is it possible to change the depreciation write off amount for tax purposes on a rental property? I was advised to use a 40% land 60% structure ratio applied to the purchase to figure out my depreciation amount (which...
As many of you are aware, we've got Groups on BP where people can elect to connect with others on a smaller and more personal scale then they can on the public forums.
While in theory, having groups is an important f...