Shane Johnson
Now own 2 houses - doing taxes myself I think... need help
I bought my second house this year at the end of July. I rent my first house out to my mother. I could use guidance on maximizing my tax return. Can someone please advise me on how I should be claiming (and on what fo...
Alyssa Baron
What is a Cap Rate and why is it so important?
HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
Account Closed
Cash Flow or Appreciation: What the numbers say
There are pages and pages of discussion and opinions on cash flow markets (midwest) vs. appreciation markets (coasts). What I haven't read so far is a simple analysis of the numbers. Since I actually own properties in...
Bryce G.
Why are so many HOAs and local governments against STRs?
The response I get most often when I ask this question is that it's disruptive to local lifestyles to have more frequently rotating tenants and as a result STRs can decrease property values. The first one is qualitat...
Jonathan Hinojosa
Long Distance Investing from SoCal
Hi Everyone,I am based out of San Fernando Valley in LA county. If anybody is else also near by would definitely be great to meet up or connect. I am looking for real estate meet up groups.Given that I live in SoCal, ...
Sam Burnoski
Real Estate School of Illinois for Broker Prelicense Coursework
Hello,I am looking to obtain my Illinois broker's license and was wondering if anyone has done the online pre-licensing courses (75 and 15 hour) through the Real Estate School of Illinois.I am going to be taking onlin...
Bryan Germann
Decision to Develop a property that has extra land
Hello,I have a property in SC that I bought and lived in several years ago, it was a B neighborhood close to a flourishing downtown area and has a very large lot. The house that is on it is a 3/2 and netting a CAP of...
Jonathan Bolano
Need Help Analyzing Investment Property Deal
Hey Everyone,I need help analyzing what I think is a good deal. Now, I have not looked inside the apartment yet but if pictures prove worthy, then it should not need any work. If there is work needed, it'll be minimal...
Paul Henning
How to politely change realtors?
Hey BP! After some insistence from some friends to meet their realtor because they said ours were quoting us too low (we are putting our house on the market in 3 weeks) we were very impressed with her and now want to ...
Michael Anuzis
Office Vs multifamily - why the same cap rate despite more risk?
Anyone with experience owning both offices and multi-family properties able to share the relative risks of each? Looking to invest in class B properties between $450k-800k and 7-10% cap in Michigan. I've read that wit...