John Murphy
$50,000 loan for materials
Hi, I own an old 2,000 sq ft church built in 1917. I own it free and clear. It has a full unfinished basement with tall ceilings. I am retired and would like to borrow $50,000 for materials to turn the basement int...
Bryan Hancock
What Is “Wealthy”?
I found this UBS article while doing some research last night. Some folks on BP may benefit from it:What Is "Wealthy"?After reading this and several related articles the consensus seems to be around $5M to be conside...
Karen Chenaille
DIY Cost Segregation Study Tips/Tools/Templates?
Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos. I have about 1 week left on my initial 45 day period to put properties under contract to ...
Sam Trulli
Duplex vs Single family House Hack
Hello everyone,I’m looking into house hacking and wanted to hear some opinions on house hacking a duplex vs a single family home. It seems like a duplex is the better option as far as numbers wise with halving multipl...
David T coello
Frustrate with contractors
One of the biggest obstacle in this field has to be the lack of professionalism and work ethics from contractors. I feel that we constantly have to baby sit them and tell them how to do their job the right way, and on...
JR C.
Hereos Act will hurt landlords in a bad way
Forgive me if this has been posted before. A search didn't find anything. As you probably know, the Democrats in the House passed the Hereos Act, A part of this bill calls for a Federal Ban on evictions of any residen...
Maurice Smith
My first 4 plex ..First property... First real investment
My first 4 plex "Las vegas"First let me start off my introducing my self and letting everybody know this will be my first property ever, an investment property at that. my name is maurice. Im 26 years old and currentl...
Peter Schuyler
Buying house for Child to help with In State Tuition Costs
My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...
Laura Guy
For those that "haven't been affected by eviction moratorium"
For those of you who say the eviction moratorium doesn’t/hasn’t affected you. I’m here to tell you it does. If you own rental property, but “haven’t had any issues”, 12% of mom and pop housing providers- your colleagu...
Michael P. Lindekugel
A recession is coming and maybe as early as summer
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...