Troy Elston
Converting private residence to rental property
I'm having a difficult time calculating tax gain/loss from a property sale and was wondering if someone could help me with calculations.Purchased Home in 2005 for $145500Converted personal home to a rental property in...
Lucas Bernard
Does Providence (or any place back east) have rental opps?
Hey folks, I'm originally from the Boston area and spent many a summers in Westerly, RI, so I'm familiar with Providence to a degree. I keep seeing it, as well as Worcester, pop up on sites as a top cash flowing city....
Clay Manship
Equity Fund Structure
All, I am currently in the process of raising a $500,000 equity fund to purchase a $1.5MM apartment complex. I am curious as to how you would structure this deal among partners. Here is the way it is currently set ...
Adriana McLaughlin
New investor: I don't want to quit my W2 but want to max investing to offset taxes
I have a W2, but also have a real estate license, though I work very little in actually selling real estate. I just bought my first investment property in Chicago, and have been busy doing minor repairs, furnishing it...
Sean H.
traditional IRA contribution?
-im entirely self employedSo, im looking at tradtional IRA contribution for the year and its based on mgai. If i made 175k for the year, and contributed the maximal to my solo 401k (57k), does that effectively bring m...
Ally H.
RESPA and VA Loan
Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...
Account Closed
First Multifamily Investment - 9 Unit
Hello,I am currently under contract on a 9 unit apartment building in Green Lake, WI that includes a single family home that is a rental in addition to an 8 unit apartment complex.The tenant in the single family home ...
Brad S.
What are you building costs for ADU's?
Hey everyone!
This is mainly for those who have recently built or got contractor/builder quotes for building an ADU. I am curious as to what your are finding the current building costs are?
I am working on putting t...
Norman Ashworth
comfortable cap rates ?
What do you guys consider a comfortable cap rate with a first purchase ? A small 3-4 unit strip mall , fully leased . recent upgrades and maintenance completed.
Should not need much work going forward but i will hav...
Sue Bishop
Unpaid Principal Balance (UPB)???
Hi,Would someone plz confirm if the current unpaid principal balance is calculated as follows or otherwise?Note is $30,000 - $1,158.04 (which is payments of $289.51 per month x 4 payments made) = an UBP of $28,841.96 ...