Bruce Chenowith
Tax question on personally owned building used in partnership
I bought a building personally that is being used in our partnership. The building is used for softball batting practice, lessons, camps, etc. I understand the basis rules for depreciation (lower of cost or market)....
Denicia Alves
rental agreement lease terms/ rules
What are some good lease terms and and rules to include in rental agreement?
What’s your financial independence number (FI/FIRE number)? Are you being too conservative, or are you cutting things close? Do you even have one? Today, we’re taking a deep dive into this hotly debated topic to help ...
Rolf Erickson
Apt 5 stories LA 90064, 15k ft rect lot. Cost to build? nr.405/10
I have an R3 lot to develop in "Tony" West LA 90064. 100 foot frontage to the street and 150 feet deep. Flat with 2 lots together and 2 existing small old houses to be demolished. 15K Sq. Ft. Just a few blocks West...
Eric Veium
Build a unit during a lease option?
Please offer guidance on the following scenario:Execute a 3 year lease option on a small multi family in CA (2 units). The property has room to build 2 additional accessory dwelling units (ADUs). The strategy would lo...
Shepard Solomon
Rehabbing properties in Baltimore City
Hello,I wanted to rehab a property in Baltimore City. I just need to know the rules and regulations dealing with restructuring, renovating, permits, zoning, plans and registrations in the rehab process. I don't want t...
Robert Herrera
Pueblo Colorado Market Updates
Hello all, it’s been a while since I posted anything about the Pueblo Market. Personally, I’m doing both Buying and Selling.Properties have appreciated well and I’m cashing out on properties that are no longer produci...
Judy Wang
Is there any city can meet 1% rule now?
Hi BP community,I am looking for property investment opportunities that can meet 1% rule. Based on my conversations with several agents in TX, FL and CA, the housing markets there are very crazy. Hardly can find 1% re...
Max Reznik
Is it realistic to expect $1,000 clean cash flow from 4-unit?
It's somewhat of a "it depends" answer to this question which is why I'm providing more details below, but I would like to know if it is realistic to expect at least $1,000 clean cash flow from a four-unit apartment b...
Clint Harris
We bought a KMart! Here are the numbers
Caution, long post, but worth it!
I’ve posted on here in the last few years about our journey into Short Term Rentals, and the way that it has drastically changed the velocity of our financial future. From those pos...