Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...
We recently ran into a great opportunity! Because of our success with our first Direct Marketing Campaign, we decided to target another area and last week was our first week to hit the new area. We had a great respo...
Hi All,I have owned a Multi-family in Newark, NJ for about a year and have multiple tenants that share the property with me. I am very new to the process and am leveraging a property manager as I travel a ton and tend...
Hey guys, long time no see! Still here in San Antonio. While being away from the BP community I've had some ugly experiences, fell short a few times, and closed a few deals(Wooo!!). So, I just came across a property t...
Hi All, I wanted to gauge some interest / feedback on here before I go forth with a potential off-market deal that I have before me. Long in short, I have the opportunity to buy a 940 sqft 2br 2ba condo in Alexandria,...
Why are income taxes never incorporated into cash flow calculations? I am on track to have 6K positive cash flow in my first year for a house I bought this January. I however don't have the slightest idea how much o...
Hello everyone,I'm looking for some advice from investors who excel in reading into the numbers of a loan. Background: I've been pre-approved for a First-time Home Buyer's loan. Since I am buying in a "hardest hit" ar...
Hello everyone! I have been gathering information and some people say cost segregation is only worth it for expensive buildings. Is this true? According to Turbotax, with 27.5 years depreciation, my $600k building ...
Hi BP, I get this question over and over again from new real estate investors that are just starting out - how do I get around DTI limitations? In order to buy more real estate by means of conventional lending, you ha...
Earlier I was reading and interesting article today. Basically explaining how HUD is sitting on over 240,000 REO's and does not know what to do with them since conventional lending will not loan to distressed housing....