La T.
LLC vs personal umbrella coverage for investment properties
Hello,I am buying 2 investment properties. Am trying to decide between creating an LLC and getting Business liability coverage for the properties or just covering them using my personal umbrella insurance.Any suggesti...
Amir Khan
Figuring out syndication
So I am looking at available properties that I could possibly syndicate (while I am experienced with residential real estate, I am relatively new to commercial RE). Here is a situation:- Property type: bank leased NNN...
Tom Wallace
Foundation issues found one year after purchase.
I purchased my first duplex in Plymouth PA December of 2022 via FHA financing as a house hack. It is an old home built in the 20s and we have some sloping and sagging floors that were reported in our initial inspectio...
Jeff S.
The 76% rule
Just wanting to point out the importance of analyzing repair costs before buying for a buy and hold. Assuming 50% expenses and spending the rest on PITI can get you in trouble.
In the last 5 yrs my duplex has average...
Cory Lader
Would you settle?
Hey BP! I'm wondering what you all think about this question.Would you settle for 5-10% CoC ROI in this high interest rate environment if the asset was located in an appreciating market?
Sohrab Ansari
Self Storage- Am I overpaying?
Please help me evaluate this Self Storage facility. This is my first one. I submitted an offer now having some doubts. Self Storage Facility 343 units. NO office. It is being managed remotely or part time by the owner...
Vikranth Biradar
Accelerated bonus depreciation for short term rental
Hi all, I am looking for some expertise from STR landlords or accountants. I currently have W-2 earnings and realize that I can buy a STR, spend 100 hours fixing it up and staging it, and perhaps manage to get a few g...
Matt Lord
Taxes and depreciation question
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
Robby Sanchez
bonus depreciation questions
Hey everyone, i had a question about depreciation, i will give you my situation as an example. i currently own 1 single family that i have been renting out since 2021 and i just bought a duplex in march of 2024 in whi...
Hunter Eidmann
Self directed 401K or IRA
I have heard that it’s possible to set up a self directed 401K or IRA that you can use to invest in your own real estate tax free. I am wondering if anyone has done this? It seems too good to be true. Each week I set ...