Brian Gerace
Question on Cost Seg in CA
I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost S...
Karl Kauper
Total expenses for landlord in Sutton MA
Good afternoon,Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA? I will be self-managing remotely (from NJ). Please note that I have 25 years of experience rentin...
Grant Shipman
Co-Living Goldmine Trend Continues in Bloomington
Bloomington is a city located in south-central Indiana, approximately 52 miles southwest of Indianapolis. en.wikipedia.org
Recently, the city has been exploring co-living arrangements as a strategy to enhance afforda...
John Yoo
Refinance multiplex (4 units)
I purchased 4 unit property in 2022. Purchase price was 250K and rent was $2225. Now all the rents are near the market rent (i.e., $4041). I didn't do any rehab but replace the flat roof.So here is my question. If I s...
Ray White
Seeking Tax Reduction Strategies for High-Income Household with LTR Focus
Hello BiggerPockets community,
My wife and I have a combined W-2 income of approximately $550K, supplemented by $100K in stock grants annually. The income distribution is roughly 60/40 between us. We’re long-term ren...
Todd Swalin
Transferring property with a mortgage
My primary residence is owned in a family business LLC. I would like to transfer the property into my own name so that I can utilize the equity to acquire rental properties. I would prefer not to refinance as it would...
Veronica Giggers
Repositioning a multifamily property
Hello BP family. We are considering investing in a MF, it is 12 units with over 90% of the property empty, and needs renovations to all the units. I know there are variables to ever situation. But, approximately how l...
Samson Kay
100% Owner Financing Deal - Chicago Heights
I just sent in a LOI (Letter of intent) on the purchase of a twelve unit apartment building using Owner financing. Basically I will be able to take possession of the property for his cost of commisions and any clos...
Joe Shields
Seeking $300K for Boutique Hotel Downpayment by Feb 9 - Collateral & Equity Offered
I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
Gerard Leeson
Advise on Chicago 3 Flat needing major renovation
Looking for advise. I have recently been tasked with getting a 100 year old brick three flat in Rogers Park Chicago rent ready. The building is fully paid off, and the owners, my parents, are retired and on a fixed ...