Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
Hi, I was hoping to get some clarification on the Safe Harbor law. We are considering moving into our 1031 property and making it our primary residence. We have rented it out the past 3 years. What happens with the ...
Let's see if I can keep this short and sweet. I just closed on a 7-unit building in Chicago for a very good price. My biggest and most expensive decision is whether or not to convert the massive boiler/radiator system...
I am looking at buying a 4-plex in old Louisville, KY. These houses are GORGEOUS, but very old. It's the biggest historic district in all of the US.
In the 1940's several of these houses were converted to multiplexes ...
I've been back and forth with mom & pop (off market) for about a month. This deal has a lot of moving parts, I’ll try to keep it simple:100 lots, lot rent $250 (substantially under market)
city water/sewer
100% ...
Hello BP!
My wife and I are ready to upgrade homes and want to keep our existing home for rental income.
We have had a considerable about of appreciation(100k) on the home since we bought in 2011. When we do eventual...
Hello BP!
I live in Johnson City, TN and am new to real estate investing. I'm considering converting my basement into a short-term rental as a house-hack and curious to hear perspectives on this endeavor and if you h...
Can anyone with knowledge of bonus depreciation weigh in on a scenario I’m piecing together? I have a call scheduled Monday to discuss a cost seg but would love a little more insight before that meeting.We will be clo...
This is for the bay area, and here's what I am hoping to do - buy a fixer upper for 900k - Cost seg - write off (675k)- Spend 200k in improvements- 30k in furnishingsHow does the 200k in improvements play in taxes? Ca...
Hi All, I have been putting in offers on Multi-family units in Oakland, CA for the past few months now without much luck. Im using FHA and my offers have been beat out with Cash or Conventional offers outside of my bu...