Turner Monroe
Tax on mortgage interest payments using BRRR
I love the idea of the BRRR strategy, but there's one thing I can't figure out. Don't you lose the ability to tax deduct interest payments on the mortgage after the "Refinace" part of the strategy. Since the loan wasn...
Ronald Rohde
Industrial Leasing Market Update
Hi guys,Wanted to share some insights from the latest in industrial leasing. In Texas, landlords of good properties continue to have strong leasing power to drive rents and concessions from tenants who need space to e...
Niyi Adewole
How Much $ do you keep in escrow for repairs?
Good Morning BP Family,I currently own 1 tri-plex and i have a couple offers on the table for a few more small 2-4 unit multi-families. I've been mulling a this question over in my head for a few days and wanted to ge...
Allen L.
underwriting tax increase post acquisition
How should I underwrite tax increase post acquisition? The sales price is 2x the current appraised value of the property. I'm afraid that the next time county assess the property, property tax will double. What should...
Daniel Highsmith
Need some help analyzing a deal
Found a duplex and need some help with the numbers. I've been looking for deals on single and multi-family houses but i can't get the numbers to work right on any of them. At least i'm learning, right :) Am I overesti...
Andrew Erickson
Seeking Insights on LP/GP Split for San Diego Backyard Development
Hello BiggerPockets Community,
I'm doing an exciting project in San Diego and would love to get your thoughts on structuring the deal. We're developing units in the backyard of a property, with the numbers looking pr...
Kyle Meyers
Deduct Housing Code Fines
I invest in tax liens and recently received a notice that one of the properties I have a lien on is in violation of the housing code and fines and penalties may begin being assessed next month if the corrections are n...
Ezra Sitt
Looking for a good real estate attorney in South Florida
Hi all,We are actively looking at commercial and multifamily deals in south florida. I currently have an offer out on a retail strip and I want to line up a good lawyer who works in the South Florida market.If anyone ...
Rich Hupper
Business name change and credit cards
Hello BPI created an LLC in early 2016 and used the EIN as well as my own SSN to open up a chase business, lowes, and home depot credit card. Because I used both the business EIN and my SSN does that mean those cards ...
Quinton Harrell
Funding Dilemma on Our First Deal
Seeking some BP wisdom, Good People.My wife and I have identified her hometown of Columbia, S.C. as a market to create a solid portfolio of SFH & MFH, cash flowing properties. (We live in Virginia). Our first deal...