Jeanne Miller
Is reclaimed depreciation taxed in ADDITION to capital gains?!?
When house is sold, does IRS tax BOTH reclaimed depreciation and capital gains? We have a small house in FL that we built in 1978 and rented out ever since. It is fully depreciated, and is in very rough shape. We've b...
Sha Zhu
First BRRRR finished in MA
Hello everyone,It's my pleasure to share our experience of the very first BRRRR story. Any comments and advice are welcome.Bought the property at public auction, purchase price 166K, occupied. We pulled out HELOC from...
Stephanie Salas
Idaho Housing market question
I am new to investing and not sure where to begin. I have visited Boise, yeice Idaho, to visit with my good friend.Unemployment is 2.% and housing prices are increasing drastically. There is an influx of people from...
Jay Chekansky
Am I overlooking something while in DD?
Hey BP,I have a property under contract right now and I'm in the DD process. Since this purchase isn't as straight forward as all of my other vacant property purchases, I figured it'd be a good time to invite my "mes...
Gernot Bucheli
There’s a five plex in Juneau, AK for sale and I need some advise
The current owner needs to sell this property. He is asking $420k for it, has a outstanding VA loan on it for about $335k, and will take $370k minimum. I’m also VA qualified so I can assume the outstanding loan and ju...
Maria G.
What applicant would you choose?
A- 2 adults (including a homemaker) and 2 boys of 3 and 5.B- 2 adults (both working professionals) and 1 daughter in Kindergarten.C- 2 adults (both working professionals) and 1 daughter entering Kindergarten in 2020.A...
Vince Gethings
Help analyzing a 22-unit deal, (my 1st commercial multifamily)
Good Evening BP!I have a property I have been looking at and I would like to see what the community thinks. The property is a C+ class in a great city with good schools, and stable job market. Rents are below market (...
Harrison Alley
What financial situation do you recommend before buying a rental?
My wife and I make about $100,000 a year total, we have ~$38,000 in student loans (total), we have no other debt, and we'd like to get started renting out properties. We currently live in a two bedroom apt that we onl...
Kenneth Cowan
What makes a market like Indianapolis work?
There are deals to be had everywhere in this country if you look. But there seems to just be a lot of return potential in Indianapolis.
My question here is WHY. What is happening there that has prices low but rents...
James Reyes
Syndicating Deals, Agent or Both?
I have spent a great deal of time to learn about apartment complex investing and the art of syndicating deals.. I also am a residential real state agent, which is done in addition to my normal 9 to 5 JOB... I also am ...