Marie Rufty
First Time Landlord Questions
Hello!
My husband and I are about to be first-time landlords and couldn't be more excited. We just bought our second townhome (we close in 10 days!) and plan to keep and rent out the townhome that we have lived in fo...
Brandon Raeburn
Gross Rent vs. Airbnb Rent
Hey, I'm new to real estate investing but spent many years watching my dad and uncles do many house flips, brrr's, and rent holds. However, the events that always stood out to me was how terrible some of the tenants ...
Tyler Burlison
What to do with gains from rehab/flip
Hi everyone,
From what I understand about short-term real estate gains, a way to avoid them is to buy another and do a 1031. Are there other ways to shelter the gains from tax? The amount will be between $30-40k in g...
Shawn Munoz
BIG question. Im stuck
Hey, there is a house that is for sale. There are currently long term tenants living in the house. The landlord is a good friend of mine and is willing to sell it to me with a huge discount. The only problem is i have...
Warren Barnett
You never get a second chance to make a first impression!
Greetings all!
I am a young entrepreneur in the western Massachusetts, and northern Connecticut areas attempting to cultivate intergenerational wealth through the assistance of mentorships, relationships, and partne...
Alissa Hyder
Townhome rental advise
Hi BP community! I’ve been stocking you for a while now, gleaning as much wisdom from these forums as I can. I am hoping you all might be able to help me sort through a decision to keep our town home as a rental or se...
John Strong
Rent or Flip
Hey BP Community-
I have started a business with another investor and we are now doing our first non-owner occupy multi-family property. We have found a deal, but need some advice on which way to approach it...
Mike Simon
Help Analyzing this property
Hi everyone,
I'm new to investing and was wondering if this would be a good deal to pursue.
Price 450,000
Cap rate on listing is 13.35%
Taxes 15,700
Annual Gross rent 81,900
8 unit property
4 commerci...
Hudson Walker
Needing help with refinancing decision
In the process of refinancing my home. Spoke to 3 different lenders. Having a hard time making a decision. Need some guidance with this one. This is my personal home. I plan on moving out in about a year and keeping t...
Lonnie Carter
STR Taxes and Financing Options
Looking to purchase our first STR. Are their tax advantages to financing as a conventional rental property with 20% down vs a vacation home with 10% down? How does depreciation work on STR's and does the financing s...