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Hello everyone !I heard that we can/should claim depreciation (if available) on the rental/business properties every year. Obviously, this will help paying less or no taxes at that time.However, when you sell the hous...
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Hello BP community,
I need some advice on how to finance my first deal. I have a general location in my city that I want to invest in. The properties in this area are great investments since they are not in the best...
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Hey everyone! I got a scenario and decision to make. I’m asking for feedback here! I got a property upstate that we are flipping. The value is estimated around $310k but my business partner wants to sell low at $230k ...
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Hello BP!Recently, I got accepted into the University of Maryland MBA program. I am incredibly excited and will be moving back into the area after I get out of the military (April) and want to begin my travel towards ...
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Hey everyone
I got financing on a property a while back and just now looked over the appraisal report again. There are a few things that seem strange to me so I wanted to ask the folks on here how exactly the apprais...
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hi bp, question about the brrr strategy. Is it an option to take out a regular bank loan say for 50,0000 buy a house, rehab it then refinance out? barring all the numbers worked. Specifically using the banks money to...
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Need in depth advice on what financial portals would be best to help me possibly save up for my first rental property. I currently have a household income of 42k, and looking to save up short term (roughly 6-8 months)...
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I am a 33 year old, with $98,000 in student/car loan debt with an average interest rate of 6%. I have been working and saving all I can for the past 3 years and I have $50,000 saved until now. I am debating whether I ...
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Looking into Milwaukee to buy a few multi-family units and if possible a small apt complex. Any recommendations on areas from the fellow Milwaukee investors. I have a few recommendations already but wouldn't hurt to g...
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Milwaukee landlords, I'm wondering what you think of a 2/2 duplex I saw with what I think is an undesirable floor plan.The typical 2-bed duplex in Milwaukee I am used to seeing it with a hallway with a bedroom at each...