After acquiring a couple of turnkey SFR’s I have come to the realization that I need to transition to the BRRRR model in order to meet my goals. I have established a few criteria and would appreciate constructive feed...
Here's my question......I just got a roommate. He pays $425 plus half the utilities. He rents 2 bedrooms from me and a garage space in my single family home (4 bed/ 2bath). My question is on the best tax strategy for ...
Hi everyone! I'm sure there's some resources out there but I'd like to hear what this community has to say about where to go or which calculator to use to find out how much you can afford based off of income, credit, ...
Kind of want to see if this is possible or absolutely not (I'm thinking not but just curious what others think). So my parents are doing a 1031 on their old property to buya new one. My brother and I would like to be ...
Hello. I am new to the forum and truly appreciate any feedback that is offered. This post will be lengthy as I want to fully describe our situation to give all you readers a full picture. I appreciate you sticking a...
Hi BP,
I wanted to post to make sure I'm understanding the depreciation recapture process using an overly simplified example. I'm leaving out deductions for closing costs, maintenance, repairs etc.
Say I buy a hou...
Hi Fellow Investors,I have a friend here in the state of Washington interested in selling their 4plex that they’ve lived in for almost 3 years. What is the best way for them to go about selling this property and will...
Good Morning BP!My name is Michelle and I am looking to buy my first property within the next year or so. I currently live in Brooklyn and I was originally planning on using the FHA loan to get a duplex, live in it fo...
Hi everyone,
I realize this has been discussed before about which one is better and I think the general concensus is both.
I am writing an economic paper on this topic where I plan to compare the two, so what I am lo...
Who to have on your Real Estate TeamJim Rohn famously said that we are the average of the five people we spend the most time with. Guess what? Your business is no different. If you want to be successful in real esta...