Bud Gaffney
15 year fixed or 30 year fixed?
Hi all,I am a real estate investor starting out! I currently have a condo in New Bedford, MA with 1 year left on the mortgage, a 4 family in Taunton, MA with 14 years left on the mortgage, a single family in Westport,...
Kevin Stein
Seller Financing, Down Payment, HELOC Etc.
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
Cory Tollefson
What's the Best Size for my 1st House? (That I'll rent in future)
First Forum Post! I'm Moving to Phoenix at the beginning of the year for work and am planning on buying my 1st house. I'll live in the property for the forseeable future (2+ years), but will probably move at some poin...
Bienes Raices
Threatening text
Applicant called me and wanted me to rent to his sister, who had an eviction. I told him "no" several times but he would not drop the issue and finally I said "bye" (I could barely get a word in edgewise) and hung up....
Brian Burke
This is My 1,000th Post: How BP Grew My Business, and 5 Things You Can Do to Get The Most Out of BP
I’ve reached a milestone on BP—I now have a comma in my post count. This will never happen to me again. I’ll never post enough to get two commas. While many people have achieved this milestone much faster, It’s tak...
Ann Zane
Practicing deal analysis and can't seem to get positive cashflows
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Account Closed
House hacking - Sch E
I am currently house hacking and want to know what the best way is to maximize return on Schedule E. 1. Dividing expenses - I see some post saying that I should just divide the unit by half. In my case, my tenants spa...
Stacey Schwartz
Depreciation value for rental in owner occupied 2 family
I'm new to this. Bought 1st home as a 2 family fixer upper last year. Taxes are in progress but I am stumped on factoring depreciation value on the rental property. How is the depreciated value calculated for an owner...
Kaylan Field
Short Term vs. Weekly rental rates
Hey everyone!
I recently picked up a new property in Virginia Beach. It will be my primary residence in the winter but I want to rent it out in the summers, which I spend in Michigan where I grew up. I won't close...
James Black
Will I have to pay capital gains tax on sale of property?
Hello everyone. I am about to sell a rental property that will result in 50k-75k in profit. The question I have, which I haven't been able to find a clear answer on, is will I have to pay the 15% tax on gains or 0%. M...