Michael McDowell
Help with first official beta report on BRRRR
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Brendan Chase
Will higher interest rates increase rents?
My general thinking is that higher interest rates will make buying a home that much more expensive. Are people likely to rent instead of buying with high rates? Will that intern force more people into the rental marke...
Yoni Haiminis
Refinance tax implications
I am looking to do a cash out refinance on a property that has a lot of equity into it. Probably gonna pull out $75K. What are the tax implications on a cash out? Is this taxed like a regular income, capital gains, etc?
Ahmad Gharaibeh
How do you find your CREs?
Hello,I am interested in commercial real estate. How would one find such property? Loopnet seems to be a last resort type of listing and people seem to have access to these property outside the scope of a standard l...
Nghi Le
Is S-Election Necessary for High W2 Salary
I've always heard that I should use a corporation to reduce self-employment taxes while doing fix-n-flips. However, I've heard that you only need to pay high SE taxes up to $130k. If my W2 Salary is $130k+, then my ...
Neil Narayan
Austin's $10 Billion transit package with 3 new light-rail lines
The Austin City Council and the Capital Metropolitan Transportation Authority have put the city on track toward a nearly $10 billion transportation overhaul, including three new light-rail lines.
A major component of...
Rick Howell
What to Look for When Previewing a Property
Homes for sale that look great can make it very hard to use a critical eye when looking at them. Buyers often lose sight of the fact that there might be structural problems or defects that they will have to contend wi...
Charles Osugo
What account do you use for savings?
So far the best rate I've seen for saving accounts is from Varo bank, they give 2.48% if you jump relatively simple hoops (5 debit transactions/month, 300 a month in direct deposits). Do any of you know a higher APY s...
Chaplin Huang
International student trying to house hack in Hyde Park (!)
Hello BP community,
I am an up-coming junior in University of Chicago and am looking to purchase my first rental property through house hacking in order to get in with a low down payment (also just to save money on r...
Rick Howell
What To Look For When Previewing Homes
Homes for sale that look great can make it very hard to use a critical eye when looking at them. Buyers often lose sight of the fact that there might be structural problems or defects that they will have to contend wi...