Samuel Kunzman
Tax Implications of a Cash out Refinance
Hello, I am trying to determine whether the interest on a cash out refinance for an investment property is tax deductible. I know on your home if you do a cash out refinance that you have to spend the new delta of loa...
Erin Silva
Any creative Ideas for home with awkward exterior?? Pic included
Hey BP!We have this home under contract and it's an awesome deal! The problem is that the front of the house looks the it should be the back of the house! We are trying to come up with design ideas. Currently there is...
Geri May
Saving Receipts for Booking Purposes
What do you all use for saving receipts, I started using Smart Receipts, an app, then found out they do not save items for you when you get a new phone. I am able to save and back them up to my computer but thought th...
Terry P.
Satellite placement on roof
I have a tenant who wants to place a satellite dish on the roof of the house he rents. There are no restrictions in the community. However, I am concerned about possible damage to a relatively new roof. Should I be co...
Jim Kaufman
Sandstone foundation ok?
I am looking at a multifamily house built in 1925 with a sandstone foundation. The basement is damp as I would have guessed and dehumidifiers were in place. Of course, we have just had a major storm. I am not sure if ...
Dave Toelkes
How Depreciation is Recaptured
Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
Brian Troy
Buying Property With SD IRA
I'm sure this has been asked before, but I could only find limited info looking through past posts. I am new, so please understand.
I'm 42 years old and currently have $100,000 in in my 457b and 401a. I will be leavi...
MIlton Monzon
Cash out refi at 75% or Refi at 80% (not cash out)
Good Afternoon BP team,I have a big decision to make in the near future for one of my current rehabs. I am going to get some recommendations with the current rate trends/ potential turn in the future. I have a 4 plex...
Bill Snyder
How do I make myself more attractive...
So, I'm having some "difficulties" getting a cash out refi on a commercial self storage facility that I have owned for ~15 years. I've developed it from greenfield and, for all intents and purposes, it's been run as a...
Dani Beit-Or
What do you think of this subject-to deal in Metro Houston?
Subject-to deal: Cash required: $35k + 295k existing mortgage + 5k in misc = $335k for a 350k 2021 house.Pros202135k needed3% int. rateGood schoolsGood location CONS$145/m in HOACashflow is tightMortgage InfoLast Reco...