Shahar Haion
multi family building
Hi bp friends,First I would like to Thank you all out there for sharing so much knowledge!I'm from New York (queens)After long time of reading and getting education I'm happy to say that we just bought our first inves...
Asish Balu
Claiming loss on a house hack using DMSH. Also, CPA or TurboTax?
Since tax season is coming up in a couple months, I want to make sure I understand my optimal tax strategy.
I will be claiming the standard deduction (12K) on my personal tax filings. No way I can match this amount w...
Joshua Rothchild
Looking to FHA a fourplex for first home by the end of the year
Hi all!I've been lurking the forums and listening to the podcasts and different audio books about a year now. It's time to start taking action!I wanted to get something towards the end of last year and started talkin...
William Collins
Small Manchester Connecticut property package
Working on a small package deal in Manchester, Connecticut. Here are links to the small package:https://www.zillow.com/homedetails/244-Main-St-Manchester-CT-06042/2131361600_zpid/https://www.zillow.com/homedetails/250...
Conway Churaman
With what you know now and forced to start over, what would you do with $30,000?
Yes, I've been mostly lurking these past few months as I try to deal with situations preventing me from focusing on REI without distraction. In the meantime, I need ideas to chew on until then. So this question is ...
Darel Ison
Studs down Buy and Hold Duplex in KCK
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kansas City.
Purchase price: $100,000
Cash invested: $105,000
This one was my BRRR from hell! Beware that in KCK, the coun...
Keleisha Carter
[Calc Review] Help me analyze this Memphis deal
I'm trying to analyze the numbers using the BRRRR calculator, but I'm getting habit confused. Here are my questions below about this report and would love your input1. Will I need $41,648 (refinance) or $42000 (total ...
Granison Johnson
Looking to retire from landlording
I am getting ready to meet a woman that is looking to get out of the landlord roll. She is entering her 60s and only wants to manage a smaller amout of properties. From the records I have dug up on one of the property...
Cliff C.
My first offer-NEED ADVICE please
Hi!I am getting ready to put my first offer down and wanted to get some advice. This is a house in Huntsville, AL that's in good shape. I would appreciate any feedback! I feel my numbers are pretty solid. My goal ...
Tamas Z.
How to determine cost basis (for depreciation)
Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...