I just finished a walkthrough of a absentee owned SFR3 bed 1.5 bath 1488sqftDecent comps imply ARV=$60k-$80kRent rates for similar houses in that neighborhood=$950-$1100Everything on and in the property needs to be re...
Hello BP!I've been kicking around a capital gains question for awhile, hoping to get some insight. To preface, I'm planning to cash out of a duplex I own in my personal name, either through a sale to my partner or on ...
Hello,
Say I buy a triplex multifamily home with fha loan and I rent both units and I live in one and the mortgage is $5000. Then after 1 year I move out and buy sfh to living and rent the third unit in the multifami...
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.
I have 2 duplexes in Everett, WA. One duplex cash flows $1000 and the other about $700. I bought both as owner occupied. Im thinking I could probably sell both duplexes around $1 mi and net about $250-$300k to rein...
Hi everyone,Finally getting around to my new member introduction and have a quick question for the members. I bought my primary residence off market last August (condo in a highrise) for 128k. Comps are selling for 16...
I'm restructuring some of my leases to increase cash flow on a per building basis. For example, I am going to provide my tenants 2 window AC units, free parking, free storage, and some other amenities that they can i...
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
Hey everyone!
I've been doing my due diligence before I start investing.
It seems as though most people want to find properties which main criteria being that the property has positive cash flow.
One book I've be...
Hey everyone at BP,I am working on my first (non live-in Flip). As it stands now with rehab costs, holding costs, Closing costs, & paying the buyers agent, I will net out at $33,000. Since I am not flipping as an ...