Ryan DiCanio
How does a preferred return work?
Hi BP Community,
I am currently looking into a 19-unit apartment complex in Chicago and after speaking with other investors, the term "preferred return" kept popping up. Can someone provide a simple example as to how...
Keith Linne
First Deal Analysis Feedback
Hello everyone! I work full-time as a general contractor and have my Residential Building Contractor and Residential Real Estate Broker licenses in Minnesota. From 2011-2014 I flipped roughly 30 houses, so I have a so...
Vik C.
Depreciation Carryover and Recapture questions
1) Depreciation Carryover - Let's hypothetically say I have $100K in salary so that I qualify for $25K in passive activity loss deductions. In 2012, I take a $30K net loss from real estate operations. My understanding...
Felicia Lucco
Using equity to make another purchase
We have accrued decent equity in our home in NJ and maybe a bit in the rental prop purchased in FL earlier this year. Our plan is to use this equity to purchase another property. How do I access this equity? Refinanci...
Jason Spicer
Self directed IRA for lending and rentals
The more I learn, the less I like my conventional IRA invested in stocks. Am I correct in my thinking that I could transfer into a self directed IRA and use those funds for lending and accrue that interest tax differ...
Daniel H.
Mortgage Principal
Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...
Michael P.
Couple Owner Finance Related Questions
I have a couple questions hopefully someone on here can answer one or both.
1. I recently sold a house that had a first and a second note I made to the buyer. The second was due and she paid off the principal howev...
Kev W.
Making REO offers- what do you offer?
As a newbie just starting out and interested in focusing on REO properties- with inventories at record levels, and in this market it seems as if the banks are the only ones creating equity with home values being so lo...
Nick Scalero
Purpose in purchasing NPNs
I'm curious. What is the purpose in buying NPNs? Is it to acquire the property? I can't imagine anyone would expect to get these to perform?
Evan Yates
Brand New to the Game!
Hey everyone,First and foremost, I want to say I'm so glad I found this community! What a great resource. I'm a newbie investor from Alpharetta, GA. I've read a handful of the Bigger Pockets books and have accrued eno...