Carol Kotchek
1031 exchange what happens to the depreciation?
Hello All,I'm executing a 1031 exchange in September. I am realizing $300,000 from the sale ($100,000 profit). I'm planning on purchasing new property for around $270,000. That will leave me with $30,000 in "boot" wh...
Sharon D.
Converting personal residence to rental--tax questions
We bought a home in 2016. Moved out in July of 2021 and started a very drawn out rehab project. Finally got the place listed as an STR in December of 2022 and have been booked solid ever since.At what point do I sta...
Matt Messer
Negative Cash Flow on MFH
I am looking at a fourplex, that is listed at 117,000, Just based on Realtor's numbers and condition I would be looking to get the property around 105,000. Realtor said it would gross $19,479 yearly. I requested Sc...
David Toupin
1st Apartment Purchase Questions - 24 unit
Hello BP community! I am looking at a 24 unit apartment building currently. All of the numbers work, and I am ready to move forward. I don't have the funds for the down payment and I am talking with a few investors...
Kevin Sobilo
Profit First With BRRRR
I just started reading "Profit First" by Mike Michalowicz. It looks to be a simplified method of cash management. Does anyone here use this with their BRRRR deals? If so can you share your experience with it?It is eas...
Lisa Sperber
Short Term Rental Arbitrage
Hi All,
I am looking to start investing via STR Arbitrage. I started looking into Charleston, SC using AirDNA and though the returns look good, the restrictions are crazy.
Is there a location that works better f...
Sam Leon
Too many vehicles
For a multifamily building with limited parking spaces, how do you allocate parking spaces?I have a fourplex with six spaces, all 1/1s, so I limit 1 space per unit with two guests. Thinking if necessary I can allocat...
Ali Jamal
How To Diversify Your Real Estate Portfolio
I’ve always been a strong believer in diversification, or in other words, not putting all of your eggs in one basket. Typically, when we want to learn about how to diversify our assets, the information provided throug...
Lyndsay Dentel
1031 into two properties, one new mortgage
Hello, I am trying to make sure I have this correct. We are planning on talking with an intermediary next week but I'd love to pick your brain. Newbie to the 1031 world.
Current property purchased: 400k, 300k mortga...
Nina Marie
Is House Hacking in Los Angeles Feasible?
I'm a newbie who is interested in house hacking in the Los Angeles area but I'm not sure if it is feasible or not (hoping to put in offers in October). I checked out the Bigger Pockets calculator but based on my input...