Question: Currently searching for a quaplex to househack in an appreciation market. All of what I've learned says if you're not receiving positive cash flow, DON'T DO IT. However of all the properties I've seen and an...

Good Afternoon BP,So this is my dilemma......I am looking to finance a deal that has come my way and I was looking to see if there was anyone out there that could help or give advice. Here are the numbers>Purchase ...

Hi,I am getting ready to make my first investment, and scouring through a few markets in the area for a 2-4 unit house. I plan to occupy one unit with my family. I have been mainly coming up with homes that will reduc...

Check out how Slocomb was able to save money on taxes. Thank you, Theo Hicks for sharing this blog post with us.
Through cost segregation, you may be able to save thousands of dollars on your annual tax bill. If you ...

Hi all,
I wanted to talk about soundproofing and see what the community thinks about noise separation between units.I am currently developing a legal basement suite in a single-family house in Edmonton Alberta, the h...

HelloI have made an offer to a property using 203K loan to buy and renovate the property. I have come to know that the contractor should be approved, and I have some questions:1. Can I take only the purchase part of t...

Hi BP-ers,I have one simple aim: On a per-unit basis, I want to maximize my dollars invested. For example, I can invest (via Turnkey) in say Kansas City and make $250/mo in cash flow with about $25K down (25% of $100K...

I've run into some confusion at the last moment with my 1031 exchange and was hoping to get lucky and catch someone who knows the right answer.In short, I've got a settlement statement for an occupied multifamily prop...

Landlord for SFH in Hayward, CA. Tenants have been relatively communicative about their financial hardships during COVID-19 and over the last several months we have worked together to keep them in the home and even re...

Any tax wizards out there? Vacation property deductions are reduced according to the percentage of time the unit is available for rental versus time allocated for personal use. Let's say in year one that was 60%. D...