Matthew Rosebaugh
New to BP in Columbus, OH!
I’ve been listening to the BP podcasts for a while now, and thought it was about time to join the discussion on the website!I am a new investor in Columbus, OH, working on my first multi-family deal in Old Towne East....
Zach Clark
Has anybody ever heard of a 10-2 principal
My grandfather is an old school investor all his rentals are paid for. He always said that 2 months should pay for taxes insurance repairs for the year and 10 months should be profit. Is this a real thing has anybody ...
Brian Koons
8 ADUs to SFR!!
Investment Info:
Single-family residence other investment.
Purchase price: $709,000
Cash invested: $100,000
This is a single family home I purchased using an owner occupied loan. I am currently going...
David Gerber
Rules of thumb for vacation rentals?
While I realize that rules of thumb like the 1% rule cannot replace proper due diligence and thorough analysis, they can help focus time/energy. Does anybody have any helpful rules of thumb that can be applied to a sh...
Winston A.
Calculating Building Basis - Appraisal vs Tax County Assessor
I’m trying to determine my Building basis for depreciation.
Should I use the lower of appraisal cost vs county tax assessor? Or does the IRS favor one over the other?
My appraisal cost gives a lower percentage to b...
Michael Randle
HELOC to make downpayment on Multi-Family?
It would seem that a HELOC for a down payment on a new investment property when it comes to SFR or 2,3,4 Plex is a no go due to Debt to Income ratio.But can I use a HELOC as a down payment on a 5+ unit?
Dan P.
Restricted Breed as Companion Animal?
An inquirer asked if I would accept 2 german shepherd service animals. Two dogs are fine with extra deposits. German shepherds are on my restricted breeds list (but of my choice not because of an insurance requireme...
Greg Agius
Tenant Violated No Pet Clause Then Claimed ESA (emo dog)
I am a California resident. I rented my former townhome through a prop managment company. In late August we notified our tenants who are 1 year through a 2 year lease that we would be moving back to their area from Se...
Jack B.
2/5 year primary residence IRS test
What if you lived in a property as a primary residence for 2 years, and rented it for 4 years, then moved back into it for 2 years before selling it? Does it still qualify for the capital gains tax exclusion or will o...
Kurt Williams
ONTARIO: NEW EVICTION RULES (..SIGH)
Just looking to get a conversation going on the amendments to S.48 of the Ontario Residential Tenancies Act.Landlords are now required to pay one month worth of rent when evicting for the purpose of taking over the un...