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Property tax question for here in Michigan (Grand Rapids area specifically). From what I've gathered summer taxes cover you from July 1st (current year) - June 30th (upcoming year) and winter taxes cover you from Dece...
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Hi BP, I am new to the BP community and to real estate investing. I have been researching, reading, and evaluating properties as @Brandon Turner recommends on webinars and podcast. I currently live in Philadelphia, b...
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Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
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Hi BP,Getting more interested into REI, I would like to assess my personal financials.On top of my head, some main factors are income, debt, FICO, and rental fees.I feel that there is much more to consider. What infor...
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Hi BP friends, I have 2 family house and I am trying to make a decision whether to refinance it or sell it. It is located in Worcester, MA and currently financed via FHA. I bough it a year ago. After all expenses it c...
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Hello all.
I have a very confusing situation that requires your expert opinion. Bellow I will itemize it hoping to receive some direction.
1- My client bought a commercial property 30 yrs ago for $250K....
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Board seems to have slowed down for the nite. I think I'll shut down. I have probably a 3-4 hour final walkthrough of a 154 unit buillding that I close on friday. You don't realize how exhausting that can be, unless ...
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Hi everyone! I'm 26 years old my wife is 29. We have been travel nursing for the last 2 years and have a pretty great cash pile to get started in RE. We were planning on traveling longer, BUT, just found out we're exp...
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Hi All,We are getting ready to pull the trigger on a property in Houston which we are going to renovate a single family home with the FHA 203k loan into a four-unit property. We've got the loan, checked that this stra...
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I have an idea that is either crazy or brilliant, and would like feedback.Nutshell: Find older (70+) cash-strapped homeowners with lots of equity who want to stay in their home. I purchase the home at a substantial di...