Julio Gonzalez
Cost Segregation Study on RV & Boat Storage building
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...
Michael Chilton
[Calc Review] Help me analyze this BRRR deal
Hi, I’m looking for help on a seller financed deal for a four unit property in Iowa. I want to do a refi with a bank at a lower rate after I re-meter the property so that tenants are responsible for their own utilitie...
Kaushik Sarkar
Primary residence sale within 2 years
Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the...
Jases Brown
Reduced rent in exchange for labor?
We just purchased a house that needs renovation. Mostly cosmetic. While showing another house of ours, one of the couples expressed interest in seeing this one that we are about to start working on. Once they saw it t...
Dennis Williams
Multi Family Value add list
Hello BP members!! Just wanted to start this forum for new and seasoned multi-family investors. Base on your experience, what value adds do you look for when evaluating a multi-family property?For example (try not to...
Megan Smock
1950s house flip with 6.5-7ft. ceiling
Hi! I'm new to real estate and starting to look for my first house flip. I recently looked at a property that looks good and checks all the boxes other than the ceilings on the second level of the home being very shor...
Jeff Wallace
C-Corp Tax Deductions
I will soon be flipping homes in a newly created C-Corp. My plan is to pay myself a salary and reduce the Corp's yearly net income to zero. I would like the corporation to pay as many of my personal expenses as poss...
David C.
Interest only payments
Of course, I am a new investor. I was looking at one hard money loan situation. They require 400000 min loan at 13.5 percent and interest only payments per month. Would the monthly payments be around 5,000? Seems the...
Tyler Veres
Forcing Equity/Increased Value by affecting NOI (bottom line)
Good day all,I am looking at putting together a list of ways that people have gone about forcing equity/value in their properties. To start the ball rolling, I like adding a unit/income stream where there wasn't one ...
Zyon Jones
Looking To House Hack
In Jacksonville, Florida and looking to house hack (preferably multifamily). When looking to determine the rent of the property, does the 1% rule really matter ?