Marc Globensky
Who does Small multifamily investing in Clevland or other OH cities?????????
Hey my fellow investors,I'm looking for a new market to break into. Phoenix is over saturated with investors and deals no longer make sense. I currently own 7 rental units 3 in Indianapolis, IN and 4 in Killeen, TX. I...
Arda Bircan
2023 Short-Term Rental Bonus Depreciation Update
You can still claim 80% bonus depreciation if you are looking to invest in Short-term rental properties this year. In 2024, it will drop down to 60%.To maximize your tax savings you will need to purchase a short-term...
Bruce Ellerd
Coin Operated Laundry Machines
Hello Albuquerque BP Community,I have a small complex here in Albuquerque and am planning to put in some common-area laundry machines for the tenants. I'm considering going with coin-operated machines, but don't know ...
Randy Thibodeaux
City condemned my house
My sister and I are inheriting a house my grandmother built in the early 1970s. The previous caretaker abandoned the house for the past 10 years after a large tree fell on the roof. Roof has many leaks, inside is a m...
Gabriel E. Martinez
Go/No-Go Decision on a Duplex/Triplex
Regarding multi-family properties, many deals look positive with all units rented, but turn negative when one is not rented (as would be the case when house-hacking).
When buying a multi-family property as part of a...
Kate Li
Should I go through 1031 Exchange?
Hi,I own a 4 family house where I lived there for more than 6 years. Then moved to another state in the past 1.5 years. I want to sell this house and it’s 1.4mm. The purchase price of the house was 700k and has around...
Matt Inouye
Deal or No Deal in Irvine CA
Hello BP Community,I had an odd deal come across my desk and I wanted to gain some insight as to how to value it. Long/short, a homeowner needs some upfront cash and is willing to sell their property at 480,000 when ...
Ken Neusaenger
Investing in raw land that is under ag exemption in texas
I'm interested in purchasing a piece of raw land that is about 20 acres using my IRA. It is currently raw land with no improvements. I have more than enough in the account to pay for the land - about 4X the cost of ...
Elenis Camargo
Purchase 4-plex as a co-borrower with my brother and FHA loan
Hi everyone. My husband and I currently own one SFH and just got an offer approved on our second one. We live in New York and invest in Florida where we are originally from. My brother, who lives in Florida, really wa...
Nguyen Lin
Laundry equipment for an Apt
Hi all,
I just got a six-unit apart in MA. I reached out to automatic laundry and they proposed to rent my basement to provide laundry service to my tenants. They will cover the equipment, maintenance; and I provide...