I bought a property last summer and purchased as an investment property. After fixing it up, we really liked it and decided to make this home our primary residence. We refinanced in January with a conventional loan ...
IMO, the financial reasons for investing in real estate include 1- Asset Preservation2- Increase Wealth3- Current Income4- Tax MinimizationWhile these four are not mutually exclusive, the more you benefit in one area ...
Hello,Looking for a contractor with experience converting a single-family home into a multi-family. Has anyone had experience doing this? It would convert the basement of a 3K-4K sqft home into a garden unit. Total un...
I couldn't find information on this in the forum or online, but heard about it on one of the BP podcasts. How do I deduct mileage expense while I'm searching for my next property? Does it matter whether or not I have ...
Hi everyone! I'm getting my feet wet in real estate investing here 😅✌️. Though I have learned some basis from the courses, when it comes to practices, there is a lot more work to connect with the right people (agents,...
Hi BP, I am looking for referrals for a nationwide insurance company to get coverage for my out of state rental property. Is it better to go with an insurance company that is specialized on investment properties, or ...
I am analyzing an 12 unit apartment where the owner pays water and noticed that the water bill represents 17% of the total operating income. I don't own any apartment, so I don't know if this is within the norm. I als...
I'm not sure if this is in the right place, but I'm hoping someone can at least tell me what type of professional can help me explore the questions below. My mother has some money that she would like to use to invest ...
Hello, looking for some advise. I purchased a Miami condo in my name, then transferred it to a C corp last year (I am the owner). Now looking to transfer back to my personal name. Any tax implications? Is it better to...
I need to grow my team to support response to inquiries and I'm looking for some guidance on compensation. I'm interested in bringing on some people part-time and paying on a per inquiry basis instead of hourly (obvi...