Breanna Green
First 1031 Exchange - Looking at a variety of markets
Hi BP people! I have bought and sold a few houses but first time doing a 1031 since saving on cap gains makes sense. I have approx $500k+ to play with and looking at San Diego, LA, Scottsdale, and New York. Most optio...
Michael Clark
Question about taxes/ searching for a R.E friendly CPA to do my return
Hello all! I’m looking for a CPA to do my taxes that is knowledgeable about all things real estate. I’m a realtor and was asking my current accountant about depreciating my residential property and writing that off ag...
Cole Britting
Question on Adding Bedrooms
Hi all!I have a question on adding bedrooms to a property. I am thinking about house hacking, and I would love to try and find a property where I can add a bedroom. If there is no opportunity for this in the main part...
Melissa Taylor
Investment opportunity/recent death issues
I am an investor in the southern California market and have an opportunity to invest in a property that has experienced a death-related crime. I understand the disclosure of such information to any prospective buyers...
John M.
Analyzing this deal to make 20-25k profit.
I found a deal that I believe is a good one.
The property is listed at $320k and it has been on the market for over 200 days. It's a 1 story, 3bd/2br 1900 sq.ft. Houses sold within a 2 mi. radius and in the past 2 ...
Steve T.
First multi-unit
Hi all,
Just looking for some feedback. I am in Spokane, it's a small enough city that it can be tough to find opportunities. There is a fourplex that just went under contract for $120k, gross rents $1740. Apparen...
Jonathan Jackson
Cash on cash & cap rates
Hey BP fam can anyone please help me with calculating the cash on cash return and cap rate. I just want to make sure I’m doing the right calculations.. for the cash on cash I’m doing the annual net cash flow/ total ca...
Solomon Morris
I just Refinanced my VA loan!
I went from sending a "hope you are doing well during this time" email to my lender to refinancing! Was able to reduce my rate a full point from 4.125 to 3.125, reduce my payment over $200 a month and save over 70k i...
Glenn Willeford
Cash on Cash Return
Does the COCR change over time or is that relevant? For instance, if it is determined that the COCR is 20% before purchase and rents are increased during year 2 and the COCR increases by 5%, is that relevant and shoul...
James R. Copeland
Getting HELOC for 200k. Buy expensive local or out-of-state?
So I've got two units up here in Vancouver, WA. I've lived in both at one point over the last several years but now have a pretty nice equity cushion built up in both. (150k in one, 200k in my primary which is house-h...