Jacky Johnson
What does it mean to run a property at a loss for purposes?
I meant at a loss for tax purposes. Yes, what does that mean? And is it ok to do so? Why or why not?
Jessica Seigel
Minisplit vs. adding through wall A/C in six unit brownstone
Should I bash two halls in the rear of our six-unit brownstone for through wall A/C or install a mini split system? The price difference of course is huge and these are SMALL apartment studios. We have steam heat and ...
Account Closed
HVAC options for apartments/condos
Have any of you used single package HVAC (thru the wall) for your builds or rehabs? I'm looking for more info so far I've come accross 3 companies: MagicPak, Skymark, and FirstCo that makes these types of units where ...
Tommy Kerwick Jr.
FULL Renovation Triplex Need tips!
Hey everyone. I just recently added a triplex to the portfolio on the Jersey Shore and it needs a 100% full renovation. It’s in a town that’s on the rise so I’m banking on appreciation as much as I’m banking on CASH F...
John Blackman
Form 8908 - Tax Credit for Energy Efficient Homes
Is anyone aware of how to qualify a home you built as energy efficient via this irs form?
http://www.irs.gov/pub/irs-pdf/f8908.pdf
My tax accountant mentioned this to me and this is the first I've heard of it. Aust...
Andrew Ager
Finding deals on auction sites ?
I have recently found auction.com for foreclosure listings. Does anyone used auction.com and if so have you had success? It states on the website it’s the nations number one leading real estate transaction company whi...
Arthur Kraamwinkel
Rental property Inspections
Hi, I am a new investor. I bought my first triplex in a small town in Massachusetts last year. When I bought the property it was rented out and I did a walk through with my tenants checking the state of each unit. The...
Drew Berman
Seller Financing / How to find high equity owners
Hey BP Fam,
Seeking guidance! Purchased two buildings in past 6 months (duplex / 5 unit) Have greatly depleted my working capital. Currently seeking seller financing opportunities mainly through my realtor (incentiv...
Matthew Fields
What Kind of Account Should I Keep CAPEX $ In?
Good evening all,I am about to list my first property for rent in Temple, TX. It is a single family 3/2 built in 2020 that will be cash flowing roughly $500 a month after all expenses.I would like to invest this money...
Kevin Hoag
Over 350k in Value-Add & Purchased in 2022
Investment Info:
Office Space buy & hold investment.
Purchase price: $640,000
Cash invested: $20,000
I sold off several of my residential properties to purchase a 15unit 15,000 sq ft 100% office ...