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Tim asked in another thread that I start a new thread on this topic, and while I don't see much value in discussion religion on an Internet forum, I'll at least continue this discussion from the other thread with a re...
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Hello!Enlisted USAF guy here. I'm stationed in Northern VA, but my home state is in TX. I've got 2 rentals in Fort Walton Beach, working on 3 SFR in Houston, TX, and also paying a mortgage in Chantilly, VA.Does anyo...
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BP Community,I recently came across a deal in Ohio for over 100 units and need some help on it. The property is 50% occupied and currently doing about 80k in NOI (Seriously Underperforming). Cap rates in the area can ...
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I just purchased my first 3 bed 2 bath home with the intention of finishing out the walk out basement as a private fully furnished 2 bed 1 bath + full kitchen apartment. I am trying to determine if the numbers make se...
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One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
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Hi - we are buying a 2 unit property in Los Angeles (City) and plan to move into the building. I understand that currently the moratorium isn't lifting on Jan 31 2022 for the city, only the county. Very curious if an...
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Hello ,
I've been around real estate most my life, but I am new to owning and renting.
Does it make financial sense to update a nice but outdated SFH for renting?
I can understand the benefit on the selling side ,...
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Hey friends,When rehabbing, you obviously want to maximize the value of the property. How does one develop a sense of what adds value to a property? are there any hard and fast rules? or do you develop a general sense...
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We are wanting to open a solo 401k for the 1st time, and have been running after Charles shwabs as well as fidelity trying to fill the forms needed with little to no help at all from them. Looking at other options lik...
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Hello all!I’m currently on track on getting a house under contract. I have an eager buyer already as we’re just hoping to close the deal. As a first time REI, what are the clauses I need to be aware of and include whe...