Brian Truman
My latest "learning experience"
Hi fellow BP members, When I was about to start this post, I was not sure what forum to post it in. It kind of fits into a few of them. I chalk this experience up to expanding my real estate knowledge. So here goes:Wh...
Eric Long
Flood Insurance Details
Hi Everyone,I am slightly confused by flood insurance, the different tiers, and how that ties into home insurance as a whole.For context: I am looking at a duplex that is currently in the 'highest tier' for a flood zo...
Jay Gibbs
FHA 203K monthly payments
Hello Everyone,I’m thinking of doing an FHA 203K loan for a 2 unit building to convert it to a 3 unit building. This is going to be a full gut rehab on the entire building. The renovations are going to take anywhere b...
Rudy Dvorak
Protected Class? - fair housing - woke social justice warriors
We do honor and follow and respect Fair Housing laws as we understand them. Generally, interacting with these warriors are just lawsuits waiting to happen. It is their way of being to be on the hunt 24/7 for situat...
Demetrius Brown
Inflation Breakdown For June 2023!
HERE ARE THE KEY POINTS
According to CNBC, the consumer price index was up 3% in June from 12 months earlier, the U.S. Bureau of Labor Statistics said Wednesday in its monthly inflation report.It’s the smallest incre...
Account Closed
great time to invest in Multi family housing
It is a great time to invest in Multi Family Housing..... Prices are strong, but the rental market and high demand for rentals has spiked prices in the New Hampshire, Southern Maine ( especially on the Seacoast) and M...
AJ Shepard
Self Directed Retirement Plans
Hey BP Forums Users!I wanted to start a discussion on Self Directed Retirement Plans. I have a couple 401k plans that I have not rolled over into a Self Directed Account and am now starting to look at this option. I...
Becky Watkins
Deck on an Owner-Occupied Multifamily
Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
Marcus Auerbach
2018 proposed tax changes
2018 is comming up fast and Washington is debating a tax reform bill. I have not heard anything local from Milwaukee or Wisconsin State level, but I would be curious to hear comments on the proposed tax bill on a fede...
Michael Zack
Minimum tenant credit score?
What's the minimum credit score that I should allow? I live in a good area, 5 minute walk to a few restaurants and train into Boston.