I am looking into buying a long distance rental property. I was wondering what are the tax regulations. Will I be double taxed, once in my home state and the other time at the state where the actual property is? I wou...
Wishing everyone a happy Saturday! I'll start by thanking the BP community for the awesome content that is consistently provided on this website. I have only recently joined the discussion and it's been a valuable res...
Hi All, Do any of you calculate the opportunity cost of the cash reserves you need in order to be prepared for repairs and capital expenditures on your investment properties? For example, the opportunity cost of not i...
Do you think it's profitable/good investment to buy a single garden apartment unit with the goal of renting it out in a very rentable area of north new jersey (where i live). The unit sells for roughly $150,000 and t...
This is my first post so I will be a bit over indulgent in the details. However, I am hoping that a few more experienced members can PM me to provide some advice.Background: I am a corporate lawyer that started purcha...
I have seen my fair share of distressed properties. While these types of properties can offer investors a great opportunity to make a profit, it's important to carefully evaluate them before making an offer. A thoroug...
Hi All!We will soon be purchasing a new primary residence. However, we would love to establish a HELOC here (for the purposes of investing) prior to purchasing the new home. My question is are HELOCs always factored i...
I’m looking to buy an investment property in one of two locations. St George, UT OR Scottsdale, AZ. Looking for some advice or insight on how to evaluate my decision! Thanks in advance!
Hi, I am just curious about your options. When underwriting a deal, what percentage of Cash on cash return do you think is a good deal? 5-10%, 10-15%, 15-20%, more than 20%.Thanks.
Should I pay off my mortgage? Or should I keep paying the mortgage and benefit from the mortgage interest tax deduction? How should someone analyze this decision? What factors are important?