Michael Barbari
IS THIS A GOOD DEAL?
Price is 160k for a triplex fully leased with coin op laundry. Tenants pay electric and gasUnit 1 - 2 bed 1 bath rent = $850Unit 2 - 2 bed 1 bath rent = $725Unit 3 - 1 bed 1 bath rent = $550=================== $2125T...
Julio Gonzalez
Don't Miss Out on Bonus Depreciation!
One of the many benefits of being a real estate property owner is the many tax strategies and laws that help keep a substantial amount of money in your pocket. One of those advantageous tax laws is bonus depreciation,...
Rian Ash
Section 8- Property Classification and Comaprables- Contra Costa
Hi BP Community,I have few rentals and they are primarily rented to Section 8 tenants and so far my experience with them has been fine. I recently bought a single family home in Brentwood, CA (Contra Costa County). Af...
Daniel Kalam
How to Split Utilities in a Triplex
Greetings All,
I own a triplex and this summer I am working on getting it renovated so that it will be profitable and run itself. As of now utilities (electricity, water, gas and sewage) are a flat rate of $100 per u...
Tim Robinson
Advice on using funds from a SEP IRA to fund deals?
Hi All,I've seen some sporadic posts on this topic on the forums from time to time, but I am hoping to get some guidance on how to use funds from a SEP IRA to fund deals. I know this is undoubtedly a question for a CP...
Kristie Hurst
Funds for investments
My spouse and I are debating investment strategies, specifically how to best utilize an amount we have available from our HELOC. He prefers to pay properties in full to avoid paying interest. At that rate it will take...
Rhowela Friel
VA Funding Fee - closing cost is high
Hello. I am new to real estate investing and my husband and I are currently in the process of doing a cash out refi on our primary home. Our mortgage currently is 480k at 2.875% and with the VA cash out refi, it would...
Scott Meitus
Be Careful When Choosing Comps.
Be Careful When Choosing Comps.By Scott A. Meitus, October 20, 2016When an apartment investor is evaluating a potential acquisition, the properties selected for comparison to the subject are critical to developing a p...
Wes Aldo
Solo 401k Lending to itself
With a Solo 401k having a Traditional component and a Roth component; can the Traditional account loan the Roth account funds for the purchase of real estate?Example: $100k in Traditional account & $20k in Roth a...
Richard Ball
REI Choice / Arcana Insurance
Hello!
Since July of 2014 I have used NREIG for insurance for my rentals but as of November 2021 when they switch payment methods things have gotten progressively worse with regards to my interaction with the co...