I'm looking working on permitting a small multifamily rental project in the Boston suburbs. It's an infill site, so the number of units is limited by parking and dimensional constraints, but it looks like we could get...
Hello, I was wondering what yearly percentage increase you guys use on leases. This is now on commercial property. I'm currently using anything from 3%-5%. I feel 3% is waaay to low, but those tenants are locked down ...
I keep all the receipts for the business expenses. Do I also need to keep the credit card statement or check copies in case of IRS audit?
Hello all! I am new to BP and to REI. Although I won't be getting started for a few months now, I am working to get a stable ground work for what will eventually (hopefully) be my RE business. I know of podio as a gre...
I am spending a fortune at Home Depot to get my rental house up to use. I understand I will add the cost of the new roof to basis, but do you all really add costs for leaky faucets, broken bathroom fans, nonfunctioni...
We are looking for a new primary residence, and want to turn our house into a rental. Can I depreciate our house based on current values instead of the original sales price 12 years ago? Do I need to get it appraised ...
Hey BP!I finished reading Your Money or Your Life a couple months back. Of all the concepts in that book the one that really got me was "enough". As I've been diving more into REI, the one question I've put in the dri...
I'm seriously pondering leaving my job next year or the year after. I was wondering is 10k enough to get into real estate investing?I could draw that lump sum upon resignation and maybe pick up a night job to keep som...
So I found this strange deal. Haven't walked through yet just received info from realtor. So this multi unit is a 6 unit one 1 bed rents for 500, 1 bed rents for 550, 2 bed rents for 575, 2 bed rents for 610, 3 bed re...
Can a 1031 exchange be invested into a less expensive property? ...or do you always have to buy bigger and better to make that work?