Hey Everyone,I'd like to get some of your advice on strategies for purchasing our second home as a primary residence while renting out our current home. My wife and I live in Hawaii in our first home that we bought in...
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Hello BP!I have an opportunity to purchase an 8 family apartment building in Wisconsin from a family friend. The owner owns the property free and clear and is looking to retire from the business. The owner said he is ...
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Rent growth has not kept the pace of home appreciation. - In the largest 588 cities in the U.S., the average (unweighted) cash-on-cash return is -6.5%. - Since the Great Recession 10 years ago, you got a growth rate o...
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Evening, Fellow BP'ers:First let me start by admitting that I recently listened to the most recent podcast with Kyosaki's CPA followed by Kyosaki's episode 500. Where basically in the first 10 minutes he poo poos on ...
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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
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Hello BP,I'm looking to roll some of my IRA into a self directed or solo 401k. I read that fees can vary quite a bit. I was wondering if I could get some opinions on rock solid companies with low fees. Right now I'...
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Many, many years ago I hit on the easiest, most beneficial strategy I've ever found. I've been lucky enuff to use this for 40 years or 2 full cycles. What is a cycle?
We always talk about buying or owning real estate...
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Hey Everyone,
I am new on here, but I have seen some good posts so here we go!My name is Brian, I am 28 and I am in the hotel industry.
Long story short - I usually like to purchase economy brand hotel assets around...
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I have a duplex just outside of Denver. It is a quaint 1BR/ 1BA on each side. We have the original tenants on one side and good (but newer) tenants on the other side. It would be a perfect house hack for someone (n...
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Hi All - I'm not new to BP, but I am finally jumping into the discussion threads looking for some advice on making an offer on a property. Trying to get a deal under my belt. Thanks in advance for any helpful feedback...