Aidan Wong
Cost segregation tax write off when STR is not generating positive cash flow yet
Hello, I have a short term rental which has not generated positive cash flow yet and I have been managing it actively more than 100 hours this year and qualify as an active participant. I am not a licensed real estate...
Leo R.
Are we on the verge of a wage / price death spiral?
Hey folks,
I'm interested to hear the BP community's thoughts on whether we could be on the brink of a wage / price spiral in the U.S.
A wage / price spiral occurs when wages increase (which is occurring), and those...
Leon Henry
Is this a good deal.. please help
I am sure this maybe a small venture for must but i am hopeful in getting some advice on this Comercial deal..It has 6 one BR apartments and 2 store fronts. Each unit has its own electric ht/hw, so tenants pay their o...
Jeremiah Watkins
What do you consider when looking for a lender?
When getting a loan, do you simply take whatever rate is lowest? Or are there other things you look at?
Marci Stein
Train or be trained...did i do the right thing?
Just bought a SFH and inherited tenants who have been there 8 years, always paying rent on time . Because of this, I gave them a 2 yr lease with no increase (I could have gotten $50-75 more) . One month after purchas...
Brian Scott
PMI cancelation question
Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063.
We have a PMI payment of ab...
Ian C.
My first rental - owner occupied townhouse to rental
Investment Info:
Townhouse other investment in Worcester.
Sale price: $148,000
Chose to keep and rent out a Townhouse in MA when I relocated to NY rather than attempt to sell in the depressed market at t...
Jim K.
Need advice On A 5 Unit Property In A Depressed Area
hello,I'm new to REI but I think I found a pretty fair deal in a depressed area. I found a 5 unit building 4 1 bedroom 1 2 bedroom. Total rents $2275Taxes $150 Ins $90Gas $182 budget planWater $50Trash $35Sewer $50...
Richard Warren
Does Everyone Understand What Is Going On Here??
We may be witnessing the largest financial collapse in centuries. Take a step back and look at what is happening:
ï‚· Subprime meltdown
ï‚· Housing bubble
ï‚· Foreclosure crisis
ï‚· Bear Stearns collapse
ï‚· Country...
Willow Baum
Seeking Ideas for Mortgage-Free Rental Property Owners in Sullivan County, NY
I am seeking ideas and creative solutions for a portfolio of roughly 12 mortgage-free, single-, two-family and four-unit rental homes in Sullivan County, NY occupied primarily by low-income families. Costs of capital...