Hi,I attended the real estate summit in Oakland, CA this past weekend. Many of the speakers there talked about equity investing and the typical structure seemed to be the following:- Investor receives 100% of the pro...
Hello BP, Any suggestions on local banks in the DC, MD, VA area that are investor friendly and willing to lend on rental properties (currently rented and stabilized) at reasonable rates? Due to high property prices in...
Hi All,
I'm trying to get a better idea of IRR. I'm not trying to figure out how IRR is calculated, but I'm looking to understand what that means in terms of returns.
For example, I had a conversation with someone ...
It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...
When purchasing a small multi family property as a primary residence. Does the bank take into consideration the income from the other units? Wanting to use a FHA loan but will likely do a in house loan with a bank. L...
Hi All,
Apologies for the long winded background, but it's needed for my question at the bottom in BOLD.
My wife and I were looking at building a townhome in our area from a large builder, we visited the pre-built...
We recently enabled Instant Booking on VRBO for a seasonal vacation property. The rates are $2500/week peak summer, and go down to $225/night off season with a 3 day min. We received a couple random weekends, which is...
A question for my fellow Real estate Agents: How did you learn about your market? When you first received your license and started working under your broker, did you receive mentoring or did you have to figure things ...
I have a question regarding timing. Here is the scenario. If I sell my investment property for 1.3 and the strike value is 1.1 for replacement property, there will be a 200k taxable boot. My question is this.....wh...
Hey BP Chicago! I am about to close on my second rental property in Bucktown. I used an agent to list out my first property but want to list this one on my own to save some $. Was going to use Apartments.com and other...