Jeff Mitchell
Deprecation never taken and can't claim rental losses
Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
Steven Long
What are the flaws with this plan for land
I am also looking for investors who might have solutions as well. Example: The land that I am currently looking at is 40 Acres for $80,000 and is zoned for either Commercial or IndustrialMy FLAWED plan is with questio...
Joel Owens
Excellent article I forgot I had from a broker/lender about loans.
Article by Joanne Scoratow
May the REAL lenders step forward please.
The number one question I get asked by a new mortgage broker is, are you a direct lender? This is an intrinsically important question that ...
Peter Vander Ploeg
Real Estate Questions for a Certified Financial Planner (CFP)
Hi All -
I plan to write a blog series for the bigger pockets community, and I’m looking for topics that are important to you. Could you answer these 3 questions to help me? Thanks for taking the time to leave a r...
Mark Frattini
San Diego limiting Short Term Rentals
Mayor Todd Gloria Wednesday signed into law an ordinance capping
short-term vacation rentals at 1% of the city’s housing supply and
prioritizing “good actors” in a lottery to determine who gets to offer
properti...
Joshua Dorkin
Real Estate Investor Partnership Horror Stories
Have you partnered up with someone on a real estate deal, where it got really ugly for one reason or another? Do you have a partnership horror story?
If so, please share it so we can all learn how to protect ourselv...
Ben Hunt
How strict is the FHA Self Sufficiency test?
I'm looking at buying in an off market 4-Plex in Austin Texas using FHA financing where passing the self sufficiency test is iffy.In my calculations, 75% of the total rent covers approximately 100% of the PITI. Howeve...
Mike Teri
Is Anyone Still Lending on Portfolio/LLC Loans??
Hi NY/NJ BP community, I hope you are all faring OK through these crazy times we're enduring.My business partner and I are stuck -- we have finished the rehab portion of our BRRRR strategy on a duplex in North Jersey ...
Allen Carpenter
STR Occupancy Rate in Austin, TX
I am curious about occupancy rates for Short Term Rentals in the Austin Market. What is the average occupancy for anybody doing this in the area?
Gil Segev
Do you BRRR all cash?
Hi all, I like the BRRR strategy as a way to grow wealth in REI. In his BRRR article, David Greene makes a point of how much better it is to buy all cash (faster, many SFH not eligible for financing when buying) when ...