Ming Lim
Reserve Fund Estimate?
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
Ryan Johnston
New Investor Ambitions - Northwest Indiana and Chicago
Hey BP Community,I've been a member on here for a little while and I'm finally able to get things moving on the investment side of things in my life. I'm graduating college in May, start a job in Chicago in May, which...
Susan O.
How are Renovators planning for Taxes W new Apartment improve
Hi for those of you who do major value add apartments how do you expense most of these things. I've heard on first year purchase you can expense 100% or some say only 50% for bonus or accelerating depreciation?Sectio...
Adrienne Harrison
Minneapolis Multifamily investing
I’m concerned about Minneapolis’s rent increase restrictions going into effect soon. I’m a new MF investor, trying to pick an area ( or areas) within 30-60 minutes from my St Louis Park home, to buy apartments 50 door...
Nick Johnson
Getting Started with STVR in Chattanooga TN
This is for Chattanooga TN, and I will try to keep this short. I house hacked a duplex in 2015 and I have been saving since then. I have been doing a ton of research, reading, and number crunching but the options seem...
Nick B.
How to convert traditional IRA to Roth and pay very little taxes
I have recently heard of an interesting tax-saving strategy of how to convert traditional IRA to Roth while paying very little in taxes. I would like to share it and get some feedback.
In this example I'll use a trad...
Kyle Myers
LLC or Umbrella insurance?
BPs community,I recently went under contract for our 3rd rental property. I know as we get more and more properties we are under more and more risk. My question is, is the best way for us to avoid risk to set up LLC...
Account Closed
Internship in St. Paul Minnesota area
Hello everyone, I am a sophomore at the University of Wisconsin-Stout studying Business Administration and Real Estate Property Management. I am looking to gain some experience in real estate investing and would love ...
Sue Erling
Start up Cash
hi, I've been lurking off and on for a while. My partner and I are newbie- wanna be rehabbers in Albuquerque. We had a financial partner, but that fell through. Both my partner and I have remodeling experience. I hav...
Roland Hefner
Newbie from Greenville SC
Hi everyone, my name is Roland D Hefner Jr but everybody calls me Dee! I am very "Green" in the REI world, I have absolutely NO background in it other than the past 3 weeks of reading and trying to educate myself on d...