Victoria Radcliff
Over pay on a mortgage?
On your own personal mortgage (or rentals) do you may more that what is asked? I have all my friend that pay $100 or over the dollar amount required when their mortgage. Do you do this? If so, why? If not, why?Thanks ...
Joshua Dorkin
Determining the Value of Apartment Buildings with CAP Rates
Our newest blog contributor, Ted Karsch, an expert in commercial real estate just posted a great post for anyone interested in learning to value apartment buildings.
Check out:
Determining the Value of an Apartment B...
Christian U.
MACRS Annual Depreciation
Hi All,I currently only have one rental property, an SFR in Texas, that I've had rented for a few years now. When I put the property into service, I began to depreciate the property under the MACRS General Depreciatio...
Stephen Bethel
Using the CARES Act Retirement Waiver
I’ve read the CARES ACT special rules for retirement funds (ex: 401k/IRA). Allows Coronavirus related distributions up to $100k. Is there too much risk (ex: legal implications) in taking this option? There is a repaym...
Joe Ferguson
Converting 4-Plex to 5-Plex?
Hey BP, I am looking at a 4-unit property that has 3 smaller units about 500 sqft renting for $650 and one massive unit about 1700 sqft renting for $1200. I do not like that one unit is almost 40% of the income which ...
Dylan Burnett
What's the best mortgage length you all do?
A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
Joy G.
Florida: Keeping up with new statues (waterbeds)
I always try to keep up with new statutes so I am informed but I didn't notice that in Florida we now have to allow a tenant to have a waterbed and can require floatation insurance. 83.535 Flotation bedding system; re...
Kurt Granroth
Who benefits from a Preferred Return based on Unreturned Capital?
Most private placement deals I see have a LP/Sponsor waterfall that incorporates a Preferred Return, whereby the LP gets a stated rate of return before the Sponsor gets any money.
The Preferred Return can be based ei...
Alan DeRossett
fruit tree Tax exemption
In California more then 5 fruit trees is considered a Orchard for tax purposes, I can get the Orchard Tax exemption for first 4 years after planting. has any one tried this with multifamily properties? I know of singl...
Saravanan Varadan
Payoff investment property?
I have an investment property (thats rented out) that I am paying monthly mortgage on. I still have ~60% loan left the property. I now got cash that could payoff 20% off the loan. Is it wise to close the loan or use t...