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I rarely ever see anyone talk about amortization. So I'm trying to figure out how I should be thinking about this. In the first years of a loan you pick away at the principal very slowly. Is it worthwhile to use c...
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I’m starting my search for a SFH in the Ohio City/ Tremont area. I’m looking for properties that are in need a significant rehab. I’m in search of a reputable investor-friendly GC. If the rehab is done on time and in ...
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Hello fellow BP members, I'm not looking for answers, but I am curious if anyone with rentals in Baltimore City has dealt with the following situation:Here's the scenario - I have a SFH rental in Baltimore City with a...
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Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...
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Rev. Proc. 2002-69I found this guidance and thought I would provide a summary:It was issued to remove uncertainty surrounding treatment of an entity owned solely by a husband and wife in a community property state.Ess...
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Hello BP-I purchased a home in Truckee, CA with the Intention to Rent out the property on an STR basis. The town requires an STR permit before renting and they limit the number of STR Registration Certificates to 1,2...
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I have been looking for a 2-4 unit in San Diego for a while. My conclusion is that if you buy in this market right now there's no or very little cash flow, period. So what do investor do in this market? For example I ...
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Hello Experts - I am ready to purchase my first single-family home this year. I have one roommate willing to pay half the mortgage, so I am trying to figure out how to structure my deal. My plan is to use a first-time...
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Hello All,I have been investing for the last 4 years in real estate and am on the way to purchasing my 3rd property (a flip :)I am having a hard time knowing how I should organize my incomes, expenses, taxes, ect for ...
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Hello,I am looking to purchase my first property. It is a 3-unit property, fully rented with month-to-month tenants (all paying below market rent and one is behind on rent). The property is located in Prince George'...