Wesley Emison
Tax impact of renovations on a duplex - Useful Lives
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...
Zak Leonard
Newbie House Hacking Question
Hey y'all,I'm looking to purchase my first house hacking deal later in the year when my lease ends. Should I only be looking for properties that would cash flow when I move out and keep the property as a rental proper...
Ethan Slusher
I own 0.5acre industrial lot in Glendale, AZ. Cash flow ideas?
I recently bought my first commercial property in Glendale, AZ and there is an additional half acre gravel lot surrounded with security fencing and a security gate.I have long-term lease set up for the building on fro...
Jack Forester
Would you buy a mobile home "hybrid"
Would you buy a mobile home on a permanent foundation that has been modified (added onto) to the point that it looks like a normal house on the outside, but has a lower ceiling in the "mobile" section of the house? T...
Bennett Steinle
Turning a 2 unit into a 3 unit
I recently looked at a 2 unit apartment however I believe with a bit of work it could be converted into a three unit. Are there any legal things I need to worry about with zoning and things like that? I know every are...
Gerald Martinez
Newbie in LA, Cali
Greetings,
So much information here....
Here comes my sleepless nights. I have been intrested in real estate investing for some time now. I am currently building my knowledge base and would like to further my learni...
Ron Steele
Turning Units
Quick question for experiences multi family operators. I have a 2 1/2 (one guy is part time) maintenance men and about 270 units total. I was listening to Ken McElroy and he made the statement that it is a mistake to ...
Bob Daniels
Where do people put their emergency funds?
Where does everyone keep their reserve funds? Currently I have been using Personal Capital Cash, which started at 2.35% APR, and is now at 2.05% and carries no restrictions. Does anyone have a better option? I've s...
Ryan Yu
Segregated deductions for real estate agent for out of state house purchase
Hi, if my wife becomes a real estate agent in New York (we live in NY) and we buy properties in other states such as Florida or Georgia, can we use segregated deductions on houses we buy outside of New York in order t...
Sung Park
Credit card for business expenses
Can anyone recommend a good credit card for business expenses particularly for investment property needs? Id like to get a separate credit card for exclusively business expenses but not seeing any cards with really gr...