Maria W.
Pricing Strategy for Converting Successful STR to MTR
Hello! The HOA for my STR investment property will be voting on banning STRs soon. If the vote passes, 3-month stays will be the minimum. I'd like to convert it to a MTR but I'm having difficulty coming up with a pric...
Luis Valdez
Questions on pulling out a 401k early
What would be the better option when purchasing a first home, cashing out early your 401K, using that money as a lump sump down payment and facing the tax penalties, or making a smaller down payment and facing highe...
Connie H.
Should we buy a single family in very expensive towns in MA?
Hi there,I posted here as a new member 8 month ago. Basically, we finally sold our negative cash-flow condo in south MA and at least got our loss stopped. We plan to buy a single family in a very expensive town - Well...
Aaron Bellerose
Landlording with Alzheimer's
Hello all,I have a unique situation.I have been renting from the landlord for 5 plus years now and the reason I have not purchased my own place is simply my landlord is very elderly and knows he can rely on me to take...
Sol Romand
Recreational Marijuana Commercial Tenant in NJ?
Hi BP members!Anyone know anything about recreational marijuana dispensaries from a landlord concern? I own a vacant commercial medical office in South Jersey and was approached by a realtor to rent out to a dispensar...
Aaron Bremer
wholesaling an over-under home
One of my best friends is getting a divorce and wants to walk away from his home (he's in Minneapolis, I'm in San Diego) but it's currently valued at
130-40,000ish and he owes 160,000. I want to help him by wholesali...
James Staples
NEW MEMBER INTRODUCTION
Hi, James Staples V54 white male, married 33 yrs 5 children 9 gkids. U S Army 11B vet 79-82, NG 82-84. Disabled due to believing the harder I worked the better I would get paid, 3 back surgeries later- ended that. Wo...
Account Closed
Do we really get tax benefit for rental property?
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
Ellie Perlman
How Will the New Eviction Moratorium Impact Multifamily?
Many investors are talking about the new eviction moratorium, and worry about the potential and immediate impact on multifamily. On the surface, it does sound troubling, but I have read the new moratorium and also wit...
Bronson Hill
The 3 Unbelievable Advantages of Multifamily Syndication
The richest people in the world are those who are able to make their money work for them and grow even while they are asleep.
While there are many investment options like Stocks, Certificate of Deposits, and Bond...