Peter McLeod
Acquiring a 3rd home
Hey everyone, I bought my first home USDA 0% down. Owe about $111k on it and roughly worth $155k. I then bought a second home with 5% down conventional for 78k. After remodel worth about 95k. The second will be rented...
Chris Conde
Metro Boston Converting to Fam to Condos
Hi all, I may have an opportunity to buy a two family in the Cambridge Somerville area. estimated 800-900k. I don't think the rents would support it however a lot a people in the area have converted these types of hom...
Nate Pucel
Tax write off question
So I bought an investment house (not my primary residence), and have been renovating it for over a year. My plan is to sell it this year, but I'm wondering how I calculate the amount of taxes owed upon sale, as it wi...
Account Closed
70 percent rule....any pros/cons that caught some by surprise?
How accurate is it? I know it is used as a guideline and is not set in stone but is there anything that has really deterred anyone from doing it or something that a beginner might miss or not know of? Any feed back or...
YungChien Huang
Any non-US citizens invest in the US?
Hi BP community! Newbie here in real estate investing in the US. I set myself a goal to start investing next year, but kinda stuck at don't know where to start. I would love to network/have a brief chat with any non-U...
Brian Erickson
Potential value add? 800 sq ft shop remodel?
Property is an 3 bed 1 bath 1230 sq ft SFR in a fairly hot market (Seattle) on a third of an acre.In the back yard of the property lies an 800 sq ft double wide. The previous owners were using it as a shop.The square...
Peyman Ayoubi
What's the best decision in my situation?
Hi,I'm about to close on a property in Seattle area. The property is 3B1B and I plan to add an extra bathroom it 3B2B. However the layout is not very straightforward (like below). I should add that there's stairs to t...
Matt Davis
Paying Referral Fee to Non-Agent
I had a chef from California reach out to me on Instagram thinking I was an agent. I told him I'm not (I'm a real estate photographer) but would reach out to my network and connect him with someone. I posted his messa...
Wayne V.
Portland Maine Planning Department
Hello,Does anyone have prior experience with the permitting process in Portland, Maine for a rehab project? If so, how did you approach it, and do you have suggestions that will make it easier and faster?Thanks,Wayne
George T.
syndication tax simple?
so i’m looking to invest in syndication, and one thing i’m concerned about is taxes. i want to be in a passive deal, so syndication seem to check the box. but i also want to make sure tax reporting will be simple. ...