Hello, just closed on a new house. If i were to airbnb it out for the last few weeks of December, would i be able to use the short term rental loophole to do bonus depreciation on the property (with a cost seg of cour...
Hi BP community,I'm in the Air Force, and I like to invest in single family and multi family homes. While I plan to continue along that track, when I move, I'd like to do purchase a fixer upper to force equity into o...
I found a house that is owned under the name of the deceased. I found next of kin but she opted not to go through probate. There are two other family members and they also wish not to petition even after I offered to...
Hi all - my wife and I are planning on a April 2025 1031 exchange into a larger (for us at least...like 5-8 units) multifamily unit. An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k)...
Hey guys, im digging into annalying some deals. What is the typical cash on cash return that you would say is appealing enough to move forward with? Also what typically are you putting into your monthly expenses to ca...
Hello, I am looking for advice on securing a private money investor for a short term financing. Target funding is $50K which will be used The used as a bridge loan to purchase my childhood home I grew up in as a kid...
Hey Guys!
So I bought a 3 family in Feb. this year for $550k. I just refied and it appraised for $650k (Def. got a deal on it... it was off market!). It is still below market rents, but we are working up the cash flo...
After nearly six months of listening to the BiggerPockets podcast, reading as much as I could get my hands on, and analyzing a few deals every day, I just submitted my first offer on a pair of multi-family buildings i...
So here is my situation. My wife and I own 4 houses and a 4-plex by ourselfs, We have a 50% ownership in an LLC that owns a 4-plex and is closing on a mixed use building with 2 store front units and 4 apartments....
I live in Illinois where it is not airbnb friendly. I am thinking of getting STR in Indiana within 1 hr driving distance from Illinois. I am looking for a property in a good but relatively affordable neighborhoods lik...