Hello all!Checking out a 2 unit duplex. 2/1 upper and lower.  The lower is not rented but the top is with rent at 550 because the owner felt bad but the unit looks great, maybe a bit of updating.  My Father has built ...

Currently talking to a seller of a 4 family in NJ. She's motivated. The house ARV is 480k. Rent roll is $5600/month. The property is in very good condition and had updated kitchens and baths 4 years ago. It needs...

I was reading about the 1% rule today where a property should cashflow at least 1% of the purchase price each month. I wanted to know how does this apply to multi families? Should it be 1% for the entire property or p...

I️ have hard money and a lot of home equity to use for my BRRR strategy. I️ want to know if my home equity line is going to hinder my refi with the debt to equity ratio. I’m torn between using my home equity or hard m...

I'm interested in buying cheap houses(up to $100,000), doing some repairs, and holding for the long run. By doing this will I be able to achieve a substantial cashflow and appreciation simultaneously? Also, is it wise...

Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...

I have the option to refinance a 30-year fixed loan from 4.5% to 4.0%. The refinance cost is $6k. It’d save me $11k if I kept the loan a full 30-years. At this time, I have no idea if I’ll keep the loan that long. Sug...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $205,000

Cash invested: $12,268

This is the data of my first investment property, Any advise is appreciated

Income...

Can someone give me a *rough* idea how I can expect any boot from my 1031 exchange to be taxed?
I know the general taxes involved (long-term capital gains, state income tax in GA (I think), depreciation recapture). B...

Hey BP!Just getting into the game here in Chicago (graduated about a year ago and moved to the city shortly after).So now after getting a better feel for the various neighborhoods around the city, I'm looking to make ...