James Orr
Return on Investment from Paying Off Mortgage Early
Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
Clementene Taylor
Primary residence or rental property
Hello everyone I would like to get your take on this situation.
I sold my primary residence a year ago to down size and I'm currently renting until I decide where I would like to live next. Now that I'm looking to in...
Adam Marx
ARV comps problem
Good evening,So I have an off market property I may be able to purchase. The issue I am finding is it's unique location. It is in a tiny little town similar to a downtown district where you have alot of businesses ...
Masashi Borges-Silva
Reducing W2 income tax by actively participating in real estate
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
Kevin D.
Schedule E
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
Jacob Vorreuter
Tax implications of equity syndication deals
What are the tax implications of investing in an equity syndication deal as a limited partner?I’m considering investing in commercial multi-family equity syndication deals through a crowdfunding platform. I’ve reviewe...
Joseph Hernandez
Minimum Profit Margin for a Flip
If you purchased a 1,300 sq. foot SFR that needed cosmetic repairs, how much $$$ below FMV would you pay? Also, if you really needed to flip a property, would you ever pay FMV? Thanks!
Jonathan G.
Considering partnering on a new construction flip, need advice..
We are so excited by a potential opportunity we were just presented with but we are also new to this area need your advice and thoughts on things to watch out for!We have a great relationship with the builder of our o...
Carl Deeds
BRRRR Refinance Question About Equity Pay Out
Hello! I have a question about the BRRRR method that I cannot find an answer to. My question is this: Once you do a cash out refinance and get your check from the bank, doesn’t that money have interest?- As an example...
Jacob Reilly
How Much is Seller Financing Worth?
So I have come across a "deal" in which seller financing is an option. However, I am not sure about the numbers, and would like to post it to the BP community for some guidance. The seller is straight forward, and w...