Andrew Michaud
Is this a good deal? 8 unit rental property @ 350k
I am looking to purchase an 8 unit apartment building in a good area. Purchase price is $350k, with 20% down puts me at $70k invested (before closing costs) and $280k financed for 15 years. Property gross income is $6...
Patrick I.
Rental Analysis - Cash Flow
Hi MN BP Community!I was wondering if you could share with me your experience regarding analyzing rental property and what your ideal cash flow looks like!Brandon Turner (BP Co Host), when analyzing rental properties,...
James Wise
FHA Disparate-Impact Liability Upheld
FHA Disparate-Impact Liability Upheld Read the full decision: Texas Dep't of Hous. & Cmty. Affairs v. Inclusive Communities Project, Inc., No. 13-1371, 2015 WL 2473449 (U.S. June 25, 2015)In a much anticipate...
Bruce M.
Multiple companies a conflict of interest?
Hello all. Here is my prob. I want to start a company for buy and hold and possibly flipping properties, once the market gets better. The 2 people in charge of this company will be me and my sister....Let's call it...
Richard Chang
Tax Due when selling part of 1031 Exchanged Property
Hi BP'ers and Pros,I am considering buying multiple SFRs in a 1031 Exchange of my Tri-plex.Obviously, this will defer any taxes, capital gains etc.So for a simple example, I will buy 4 x 250K = $1M in a 1031 Exchange....
Jon Arambarri
Is it time to sell a high equity asset? Thoughts?
Hey y’all,
Bought this place in central Florida (Oviedo) just over a year ago renovated it nicely, it hadn’t had anything done to it since 1984. Looks great.
However I’m looking to possibly sell it now, the markets ...
Sonny Sach
Can I use accelerated depreciation in a syndicate?
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Jennifer Bui
Will this work for 1031?
I have one rental property in California and would like to do a 1031 exchange in the near future to co-buy 2 homes with my two children. For example, suppose I sold my house for $500k and put $250k as a down payment w...
Benjamin J Paoletti
Real Estate/Stock Portfolio Diversification
I bought my first triplex a year ago.
I'm ready to buy another rental but deciding between investing more into the stock market or acquiring a single family real estate asset.
What are some recommendations for inves...
Maurice J.
Hud home offer accepted!!!
My real estate goals started two years ago and we just now have an accepted offer on a single family we will buy and hold. Although we can't decide on using our hard money lender or going in it with 20% down with a co...