Hello fellow agents! I'm really looking just to get non-biased opinions on an issue. I've been with my current broker for 8 years. Typically, we get 70/30 for a sphere sell. I recently had a sphere of mine reach out t...

Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...

I bought a house and tax records showed it was 1630 sqft.  Appraisal came back with 2055 for my HML.  This appears to be all legit square footage, no additions or add-ons...all original square footage.  home was built...

Any one ever have this issue before? My wife and i are buying a triplex and the title of the property lists it as a 2 family and the tax card lists it as a 3. There are three separate living quarters in the building ...

Hi everyone,I'm a full-time student working on my PhD in biomedical sciences at the he University of Minnesota, Twin Cities. In my spare time, I'm looking to get started building a portfolio of houses to rent out for ...

Maybe a newb question but wanted to get everyone’s opinions:Why is multi family financing deemed “easier” to obtain as compared to a single family? I’ve heard it said over and over in podcasts and I don’t know I’ve ev...

Hey guys,I was referred to a commercial lender called Silver Hill Funding in Los Angeles by a local residential loan officer.  The email string was roughly as follows:Referral source email to commercial lender:  "Alex...

To subdivide a property or split in 1/2, what are the steps in doing this. This is just a single split in half for the property no more.  Can this be done through normal channels of zoning, appraiser and title company...

I'm running numbers on a four plex.   The water bill seems high.  What can you do to save water / money?  What is the process of getting seperate meters for each unit?  Are there other ways to split the bill ?  

First I want to say that I'm not a lender. The information in this post is based on research that I've done on Google and BiggerPockets to learn about the FHA 203(k) loan. Writing this out helped me internalize the in...