Jacob Humiston
First property, getting a roommate, saving 50%
Hello,I am closing on my first property March 20, I am currently paying 2k/month in rent! With this house I got a roommate (My GF) and they are splitting the mortgage to save me 1k/month from that I was paying in rent...
Reggie Rearden
BP introduction from Aiken, SC
I'm a little late on doing this but I am a newer investor from the Aiken, SC area. I got into real estate on accident and then fell in love. I got introduced to BP about a year ago and have since then absolutely absor...
Jaleh Afrooze
CARES Act- Real Estate Depreciation Loss Carryback
I read in a CNN article that depreciation expense can now be deducted from all other types of income with no limit (See below). Does anyone have a good attorney or CPA who can verify this?
```Now here is what chan...
Stephen Gregory
Bonus Depreciation for a 1031 replacement property
Hey guys,Can you apply bonus depreciation for a replacement property placed in service April 2019?So quick background, the relinquished property was bought in 2016. We held onto it for a few years a did a like kind ex...
Norman T Eng
How to get financing for a 6 unit complex
Hello All, I'm looking into buying a 6 unit property. The numbers look good, but I was told I would need at least 25% down on the property. Is it possible to get a bank/lender to finance 80-100% of the investment pr...
Michael Johnson
What is the cheapest (yet correct) amount to add a bathroom?
Hey BPers, quick question. I found a 4bdr 1ba. So I would go ahead and call that functionally obsolescent?? Especially if I want to rent out each room individually. I know there are 1,001 variations but I have no idea...
Steve Flinner
Newbie from Spokane, WA
Hi All. New guy here from Spokane, WA and all over the eastern part of the state. I spent a lot of time watching webinars and learning about REI with this site about a year ago, but I pulled away a bit to become a Gen...
William Brown
Where will REI be in 5 years, in 10?
There is a lot of talk right now about asking are we in a bubble, are we not; should we be getting in, or getting out, etc.
My question goes out to all the investors who have been in the game for a bit. What does th...
Account Closed
New from Bend Oregon
Hello BP!My name is Duncan MacDonald and I moved to Bend about five months ago. I'm originally from Lousiana (business and law at LSU), spent a couple years ski bumming in Whitefish Montana, worked at Microsoft for a...
Joshuam R.
SFH personal rental transfer into SMLLC
What is your experience in doing so for the following areas:- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will als...