John Oyedele
My Plan To Get Started
Decided to share my plan to get started investing to get feedback from the BP community to make sure it is a sound strategy. Appreciate the feedback in advance.Current situation:Family of 3 will be family of 6 in a m...
Zach Mazur
Tax efficient way to purchase home for child
Hi all -I'm a CPA seeking advice on how to best purchase a home for my daughter. I came across a great deal on a condo for my daughter as she's getting married and looking to build equity. I wanted to make an all cash...
Ammon Orgill
Split one lot into two lots
Hi all,Does anyone have experience working with Salt Lake City to split one lot into two lots? My specific situation is that I am looking to purchase two lots with the intention of combining the two lots and subsequen...
John Mattox
Basic Cap Rate Question
I understand the basic calculation of cap rate and COC. I am wondering if certain expenses should be factored into these calculations.Specifically If I plan to put aside cash reserves at the purchase of a property (6...
LaTonya G White
VA Home Loan for Investment
I'm a newbie, so this question may have been asked and answered multiple times.
Has anyone used their VA home loan benefit to purchase a 2nd property, move into this 2nd property as their "primary" residence and rent...
Mallikarjun Murag
Primary converted rental, closing costs(including refi's )
apologize for re-posting on this thread (as I couldn't find how to move my post to this thread) as this thread seems to have much broader pool for experts for their inputs, I purchased my primary home in CA in 2004, r...
Eric Lilly
Vacancies not destroying investment? Partial Month's Rent?
Hey everyone, Big Noob here. 21 years old and aggressively saving for my first down payment. Just beginning the process of acquiring resources and learning about rental properties. One thing that stuck out to me was v...
Kenneth Hynes
Keeping LLC open after sale of property
Hello all , While usually I am a residential SFR investor, i have a family member that has recently sold a commercial (Strip mall property with 5 tenants) . Closing was last month with few issues. They had set up ...
Rami W.
San Diego - New construction 3-4 units behind SFR
I am looking for information/insight on the requirements for building a small 3-4 multi-unit complex BEHIND a SFR on a lot that is already zoned for Multi-units. I've found requirements for building on an empty lot, b...
Mike Rash
1031 - Substantial Improvement before selling
I have a 1 FAMILY RENTAL property that I have been renting out for 2 years.My cost basis for the property is 500k. I would like to do substantial improvement to the property by building additionand increasing square ...