Elisha Cram
Vacation rentals and taxes
My husband and I bought his grandmother’s house last year and have fixed it up. We decided to use it as a vacation rental to offset the costs of owning and maintaining it. Our fIrst guests since the remodel are stayin...
Engelo Rumora
Are syndicators loosing their A$$?
What's this I've been reading lately about a pause in distributions and capital calls?Seems like there is blood in the water?Maybe a good time to go fishing...I wouldn't mind being able to pause distributions to our 5...
Luis Rodriguez
Issue with a tenants kid
We currently own a two family home and have a family of four living upstairs. The youngest whose around twelve years old loves to run around and bounce a ball off the hardwood floors.
We understand what we got oursel...
Justin Goodin
What are the returns like in a real estate syndication?
As with most investment vehicles, people are attracted by and curious about the possible returns. By investing passively in a real estate syndication, you can earn two types of returns: cash flow and profit split.
Ca...
Lee Ripma
Delayed Financing for a 4plex in Kansas City MO
Hi BP community, I've read extensively about the delayed financing option where I close with my own cash and then am able to refinance using Fannie Mae based on the appraised value. Here is a link the relevant article...
Matthew Crivelli
10% Home Loans Right Around the Corner
Are we still singing the same old song? "Prices won't come down!" I hope not, remember folks there is a lag between rate increases and falling equity prices. We are still running on comps from late 21 / early 22. If y...
Tom Bjork
The Obama Effect
Currently, Obama's financial advisors have stated that the high end tax bracket will go up to 39+%. Does anyone think this high end tax bracket might go up to 50%+ or more?
Amie D.
Will smaller cities pick up steam?
More and more reports come out of the price increases, low supply and so on in the real estate market of large cities across the nation.
In your experience (or opinion), do the smaller cities outside of the larger me...
Adam Craig
Was told to paint trim but....
I am going a subtle beige on the walls.
I know most BP member are painting trim white - But if I do that I will still have brown window trip and brown doors - do most of you guys replace/paint window trim and door a...
Kat Hussey
Flipping Math Confusion
If I buy a house for 50k, put 100k into rehab, then sell it for 200k with 6% agent commission, do I actually make a profit? Or do I just get back my original 30k?
Deal:
Money Out of Pocket: 30k (rest is financed)
B...