Denis Ponder
When Does it Make Financial Sense to You?
For those who MTR, what revenue multiplier makes sense to you for the additional work and cost of an MTR over an LTR?My condo is crossing the finish line for renovations and will be ready to rent out soon. We are les...
Arjun Rao
RE tax benefits with W2 income
Hi all, My spouse and I have a full time W2 jobs and we are looking into real estate investment (SFR - buy and hold strategy for now). Neither of us will be able to get the real estate professional status nor will we ...
Donald Ward
Thoughts on the REACT System
I'm Donald Ward from Houston, Texas , my wife and I are new to investing and are wondering if anyone has heard of Jon and Stephanie and their REACT System?
William C Bruckner
LOC on Rental Properties
Hello BP members. We own 6 properties free and clear in Lake County IL. (4 condos and 2 SFR). The total value is about 1.1 million. The properties were purchased through a 1031 and are held by a single-member LLC. We ...
Craig Lessler
Using Capital Losses to offset Depreciation Recapture & 1031
Regarding a future 1031 tax deferred exchange, I estimate $800K will need to be invested into replacement properties to continue to defer tax liability of all depreciation recapture and capital gain from the sale of a...
Sam Desai
Real Estate in Center City/Surrounding Area of Downtown Philadelphia
I just finished graduate school and am looking for a rental property to invest in long-term and sell the property after it has appreciated ~20% in 10-15 years.My budget is around 250-300K and I'm looking for propertie...
Rick Beno
An interesting liability question
I have a wonderful family living in one of my large single family homes. A few weeks ago the tenant informed me that her mother (who lives elsewhere) had taken a fall and broken her hip. The mother would be in rehab...
Vida Nielan
ADU vs STR Addition in Beach College Town - Howe should we start?
Hi-
Our family of four owns a two-bedroom in a great long-term rental/short-term rental location. We want to create extra space and build rental income. I would love input on these two options
600 second story squar...
Jarrad Henry
Do I have a bad realtor?
Hi guys,Trying to determine if I should reevaluate the relationship with my realtor based on what I am considering some neglect and critically bad advice.I just cancelled a contract on a property in Antioch. 3/2 baths...
Val J.
Contractor wanted to change price after completing the job
I have a guy that has done a few jobs for me and we've not had any issues. I recently needed a roof replaced. Asked him for his bid and he sent me his quote via text. Afterwards We agree on color, date, time etc. He ...