Looking to get a gut check on a house hack that I might want to fully lease out as an investment in the future. Background info: A+ area (wicker park), 3 large 3 bed legal units, 1 non conforming, 5 minute walk to El,...

Hello,Since both refinancing and HELOC are both expensive at this time. What would you advise to someone who has 500k equity (post taxes and fees) and 500k with a low interest rate of 2.5?Is it possible to redeploy 50...

Hi everyone,
I'm new to the site, and I'm analyzing my first deal. It's a 3 unit with great cash flow. It will bring in $32K per year after expenses. There are 2 issues 1) it has knob and tube wiring that needs repl...

Aloha Investors,I have a Tax Question ...I just started an LLC on November 16.  Can I change tax election?  Change from Disregarded to S-Corp.  I haven't done any transactions yet.  Thank you in advance,Mike

Hello,My name is Carissa Hendricks and I am so grateful to have found this community! I am finishing up How to Invest in Real Estate by Joshua Dorkin/Brandon Turner and would like to take another action step. My husba...

    I don't post a ton on here, but wanted to start posting more in an effort to share, network and learn.  I started investing a little over a year ago and have earned almost $160k gross so far with 3 Padsplits.
Nex...

I just passed my Maine Associate Broker's exam yesterday as my wife and I are relocating to Maine later this year.  Not sure where, but most likely somewhere between Freeport and Boothbay.   As I understand it, east o...

Hello Everyone,I found BP a few weeks ago and have been voraciously reading and listening as much as I can since. I’m hoping to (1) introduce myself, and (2) get some guidance/wisdom on my current situation.First off,...

Just wondering the pros and cons of each. Currently I've purchased all my deals (buy and hold) with cash..but was wondering if I may be missing out.

Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...