Wesley Emison
Tax impact of renovations on a duplex - Useful Lives
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and we will be renovating both units. I want to focus this discussion once I hav...
Julian Colvard
Which bank allows for multiple accounts?
Currently, I’m getting through “profit first“ for real estate investors (book). It’s giving the advice of setting up multiple accounts for different purposes, and my question is, what banks do you currently bank with ...
Bailey Coleman
Hard Money Rates in Today's Market
What are rates looking like for a typically hard money loan today? 10-15% ???? How many points are they usually charging too? When I underwrite properties I have been assuming they are charging 15% for the hard mone...
Matthew Paul
Saving money on paint .
I went to the landfill last week to dump a bunch of junk from a house I am rehabbing , they have a section for recycle , and they have a place for paint disposal , I talked to the guy there and he said I could tak...
Bienes Raices
Viburnum as substitute for fence?
The backyard of the house has 6 foot tall wood fence except for a 15 foot gap near the front, where there is a chain link fence instead.
The fence person wants $375 to put new fence in (two wood panels). I was thinki...
William Behm
Solo 401k 1099-R for in plan Roth conversion
Hi All!I have a Solo 401k and the company that set-up is not very helpful in providing info on how to properly complete a 1099-R for an in-plan conversion of moving funds from the Traditional bucket to the Roth bucket...
Chris Heppner
Looking for some advice
Hey all, I have a quick question that I'm looking for advice on.My wife and I own an REI business and we currently have approximately $1.2 m in equity in our 10 single-family rentals. My question is: Would you focus ...
Allan Wu
Don't fix what is not broken or pre-emptively fix it before it can be broken?
Hi BP -- I'm currently working on my first House Hack. I'm debating whether or not to fix old sewer waste pipe. It is a huge ticket item and can eat ~30-40% of my reno budget.Today I did a walk through with plumbers a...
Kyle Press
Started, what next?
Hello all,I've been a BiggerPockets member for quite some time now, and on SEP 30 marks my one year anniversary of being a homeowner. For all intents and purposes you can call me a "military investor". I am a Submarin...
Justin B.
250k to use right now what should I be looking for
I have a condo that I started out with and I just purchased a 2 family home. I have about 250k ready to be deployed just want to hear some ideas from others whether I should stay the multi family route or venture into...