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Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...
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I received this in an email. Interesting read but it will never happen because it would require a Constitutional amendment.
"The Proposal"
When a company falls on difficult times, one of the things that seems to...
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Hi BP, I called the lender on this property and they offered only a $34 monthly reduction after refinancing, I wanted to BRRR this house but I don't know what I'm missingWhats an average % reduction of mortgage payme...
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Hello BP nation! I am a new real estate investor trying to buy a duplex to do househacking as my initial investment. I saw this duplex in a good location that has been in the market for about 90 days with price reduct...
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Well, they accepted the offer that I put in last night. Had been listed in the mid-50s. A couple of days ago they lowered it to 44. I put in an offer last night at 28, 200. This would result in a net to HUD of ...
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Hi,I am having a little issue understanding 'Repair Credits' when doing a multifamily deal.Is the repair credit subtracted from the asking price? and you state to the seller that my offer price is based from the repai...
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Hello BiggerPockets Family,I own a 3 unit multifamily house and I'm considering having a cost segregation study to accelerate the depreciation on the property. I know that this makes sense as a tax strategy for comme...
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Here are occupancy rates from high to low in major cities according to Axiometric:
High Rates and low concession value
Market
San Jose, CA 97.38%
New York, NY 96.67
San Fran, CA 96.52
Boston MA 96.50
Portl...
My new tenant has offered to clean up snow on the sidewalks, parking lot driveways during the snow season for a reduction in rent. I am wondering what your thoughts are on it. My first thought was IF I allow this and ...
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So the FHA is cutting mortgage insurance from 1.35% to 0.85%. http://www.usnews.com/news/articles/2015/01/08/pre...How do you expect this to impact your businesses, if at all. I'd have to think it is good news for f...