Hi, my fiancé and I are looking for a new CPA. Our prior one was just a generalist, and we didn’t feel confident that we were getting the best advice on our rental properties. She bought a condo in Oakland in 2021 tha...
Hi All,
My first post here.
- I have a friend who wants to provide me cash to invest in DFW, TX market.- Goal is some furture proof income (think residential multiunits or strip mall) PLUS capital gain.- I understan...
I recently purchased a 14 unit multifamily property and in the process of doing a major renovation. I fear that I may be "over renovating", but the rents we are getting still make sense to keep the project going. Th...
Any advice is appreciated. We've purchased a tract of land that was a portion of a completed subdivision, it is listed as a tract in the subdivision but is excluded under an agricultural covenant. It is producing hay ...
so I’ve been learning a ton about the advantages of being a real estate professional and how you can use that depreciation from passive income producing assets to offset your earned income. And as I was reading it ap...
I own a condo that I used to live in, but now rent out. After two tax increases and a subsequent rent increase, I only profit $18 a month on the property. I'm wondering should I just sell it or should I keep increasin...
Greetings BP!We all know the basics of this post: I'm new, like new new. so, lets get to the interesting part. I am originally from Oregon and currently stationed in North Carolina in the Marine Corps. Within the next...
Hi BP community!I am a new investor (hopeful) and am partnering with a good friend of mine and a third experienced investor. My initial end of the bargain is to draft a Memorandum of Understanding that will then trans...
So here I am approaching retirement. Looks like I will be able to retire a bit early at 59. My interest here is to possibly look into a second "career" investing in income producing properties. I have started readi...
I'm finding most loans on small multi-families require 30% down, based on my rule of a net income (after debt service and expenses including vacancy and management) of $125/unit/month, 30% down can skew this compared ...