Amanda Rose
Should I Hold or Sell?
I have fallen on a really good deal on a 3 family . If I keep it, I could generate 1800-2000 a month by renting however if I rehab and flip it, I could make around 175k. What should I do? I keep going back and forth ...
Michelle Bechard
Seeking Lender for refinance on a 4-unit
I own a 4-unit that generates very good positive cash flow. I've made many improvements to it and have managed it well. I have an almost perfect credit score, but I don't work a day job, so my only income is from what...
Dan Cho
How do you calculate taxes?
Hi all I was just wondering when you do your analysis, how do you calculate taxes exactly? I understand in the calculation there is a tax tab and I see that people input there tax from there county assessors office. N...
Jim Kleyman
Question regarding financing rental property
Hi everyone, newbie to the BP site here.Intro: I am "retired" with a high net worth, but living mostly off of savings. Over 50% of my NW is in real estate, most of it rented, but at a low CAP because the resort proper...
Eli Iser
CPA recommendation - Dayton OH or online
Hello, started out long-term rental investment this year and looking for CPA recommendations in the Dayton OH area or online.Started from a SFH that we lived in for 5 years prior that we chose to keep when we moved to...
Isadore Nelson
Advice on this deal in Toledo, Ohio?
Good morning, the following property is up for sale at $250k. 114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work complet...
Ropo Sanni
Looking to purchase my first multi-unit and property. Should I change my approach?
Hello, I'm new to real estate and I'm looking to purchase my first property in Chicago . I want it to be a multi-unit preferably 3 units. I have about $100k available for down payment, closing costs and I'm hoping to ...
Keith Davighi
New real estate investors looking for a little help
Hi Folks!After a long career in the IT industry I am focusing my attention on real estate investing. However, I'm challenged with trying to make the right decision on the first property so that I can maximize what li...
Jon Q.
Middle Class: Chips Are Stacked Against You
If you are middle class in America and you depend on W2 income for a living, the chips are stacked against you.1. Why are Americans who work for a living taxed more than investors who live off of their investments?2. ...
Mark Silberman
Classify as active or passive for optimal tax benefits?
My spouse and I own rental properties. Our longstanding property investments had passive loss carryovers from the earlier years that are now going down each year due to passive profits. (The rental market is very stro...