Hi,I'm a mortgagor of a few investment properties. All of the properties are under LLC for liability reasons. Of late, I've learnt from bankers about severe restrictions on buying additional properties considering the...
Hi BP, outside the obvious benefits we enjoy as landlords/investors I find it extremely rewarding to help people in different situations by providing safe and viable housing options in a pricey and competitive market ...
I am rookie investor in the Naperville area. I want to invest in more rental properties but these days the inventory is very low and whatever comes to the market is being over bid on, so should i 1. Look at other area...
Dear BP experienced Buy-and-Hold gurus,First of all, thank you BP for creating such an awesome community to help starting investor like myself. I do have some newbie questions.I am in the process of acquiring a SFR in...
Hi,The foreclosed home that we bought over a year ago is about to go on the market this week. It was torn all to pieces when we bought it. Many things needed work and either had to be purchased or rebuilt to new condi...
Hello,I'm putting together a capital plan for two 6-flats that I own. Improvements include both capital improvements (new boiler) and also in-unit upgrades. The plan is to fund these improvements via cashflow. When ca...
Looking at purchasing a commercial warehouse property in Petersburg, VA for our own use.Property is near the historic district, good size, near highways, and priced right so we still have room to invest in business &...
Below is an excerpt from an interesting read which is also linked below. The gist is that governmental efforts to regulate, and presumably improve, low income housing, have made such housing unaffordable for low inco...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $350,000
Cash invested: $120,000
This was a 2 family with long term tenants. Both units were extremely run d...
We did a lot of rehab work this past year. How many years must we spread the depreciation? Thanks.