Hello BP Community,
I live in the Bay Area, CA and own a couple of rental properties. A couple of years back I bought a 0.5 acre land with cash for Multi-family construction. At this point in time, I am trying to fig...
The survival of one of the nation's largest non-bank mortgage servicing companies was thrown into question Thursday as the company was hit with federal and state lawsuits for allegedly failing borrowers with mistakes,...
My CPA of 7 years retired. He is a nice local guy who acted kind of as my security blanket as I could run anything by him and he always took his time explaining. My husband who was the brains of the operation became i...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,400,000
Cash invested: $400,000
Financial Highlights:
Purchase Price: $1,400,000
Price Per Door: $58,333
...
I was hoping for some wise input to clarify for me... In my Cap Rate and Cash on Cash return calculations, I am assuming NOT to include the annual $ amount for Vacancy rate and Cap Ex (holdback if you will) in my annu...
The House of Representatives passed a new law called the "Equal Opportunity for All Investors Act" with a big vote. This law is meant to change who can be considered an accredited investor in the U.S. In the past, bei...
Evening everyone! Does anyone know where I can get good rates for my FHA loan? I'm referring to any banks, financial institution, or mortgage lenders? Thanks.
If a renter deposits rent on December 31 to cover rent for January of next year, what year’s taxes will the money land on ?
Hi BP,I am looking at a couple beach house properties that looks really good on AirDNA however, AirDNA gave me the following analysis:Beach House Property:Annual Revenue - 121.6KOccupancy Rate - 88%Cap Rate - 29.51%...
Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...