Last year I converted an old 401k of mine into a Self Directed 401k and used that to buy and refurbish a few properties and now the monthly income is very nice and I sleep at night knowing I'm not overly reliant on th...
Any experienced landlords know if tenants would prefer a 4th bedroom over a 1 car garage, or vice versa? I've been thinking about buying 3/1/1s or 3/2/1s then converting the garage into a 4th bedroom since they rent f...
Hello BP family! Newbie here and looking for some insights..
we are actively looking for the properties to househack then BRRR, we plan to rent as midterm. I have this 2 properties in Orlando we looking at. Both w...
Disclaimer: This is the Vegas areaBeen spending a LOT of time (seriously, I may be addicted) looking at houses on several different sites and I am seeing more converted garages than I would have thought. People turn...
This question is a little broader than 'real estate' as the solution yet looks like a good place to ask.
We are considering converting one of the investment properties into our primary residence.We might do this onc...
NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
In our area we often have Multi Family properties that have been converted from larger single family homes to Multi family homes at some point. These conversions were often done many decades ago. We also have "Built-a...
I've been looking at some older multi-family properties in Indianapolis and saw one that had been converted from a duplex to a 4-family. The county records still indicate that it is a duplex but the conversion was obv...
Hi BPers,
I'm converting my current property into a rental and want to maximize my write offs/depreciation and minimize my capital gains when it comes to sell.
My house was purchased in 2012 for $265k. I've done aro...
Hello BP,I've been looking at small multi-family investment properties and run into several early 1900's homes that have been converted into duplex/triplex or fourplex rentals. I'm curios about any downfalls for conv...