Emmanuel Kizayilawoko
Can I do a 1031 or is there an other way to avoid capital gain
Hello friends,I am looking into selling on of my rental properties, my renter has lived there for about 2 years. By selling I’m looking to profit around $140K before taxes and notary fees etc...My question is tax rela...
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Cons of Landlording in CA
I heard someone say land lording in California wasn't as good as other states and that it's more tenant friendly than landlord friendly. What are some cons about being a landlord here in CA?
Meghan Begue
Is Colorado's Multifamily Market Still a Good Bet for New Investors?
Hey BP Community!
I’m currently on the hunt for my first investment property in Colorado, and I wanted to share my experience and hear from anyone who's been navigating the same market. Initially, my goal was to secu...
Brie Schmidt
When to sell - How many years of cash flow?
I know REI decisions are personal, I preach it all the time. I purchased the bulk of my portfolio between 2011 - 2014 and since then the properties have appreciated. So while the properties are performing from a cash ...
Allen Scoging
How much negative cashflow is tolerable?
The obvious answer is zero - it's a suicidal strategy! But, here's the full story:I live in SoCal and currently rent but have a down payment saved and ready to buy. Unfortunately, property prices are currently detache...
Tony Rodriguez
Quitting my 9-5 soon and looking for banks that refi without W2
Hello fellow investors,I have made a decision to quit my 95K/YR job in January ’19 and move to do full time rehabs, I will have about 350K cash of my own and my living expenses are about $1800. I plan to buy in the Ch...
John S.
How to determine depreciation for new construction rental home?
Hi BPers, I need help to determine the improvement portion for depreciation on my new construction home. It was placed for rent on 6/19, and occupied 8/19. The Property Record Card is not accurate. It only shows t...
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Just Starting Out? Here's a Tip for Working with Hard Money Lenders
It may sound strange, but keep your LTVs as low as reasonably possible. Doing so not only helps you get a hard money loan, it’s usually going to be a better buy or investment for you too. Many investors seek hard mone...
Jeff O'Neal
Broker Pro-Forma vs Income Statements
I’m currently under contract on a 16-unit apartment complex. The broker’s pro-forma showed NOI of $51K, however, when I dug into the income statements, actual NOI was only $36K. I called the broker, and she explained ...
Shane Welch
Granite Vs Laminate Countertops
Granite or Formica Laminate?This is a 180k 1975 Brick Style Duplex in Virginia.The maximum I plan to rent out (after renovations) is $950 each side.I would like to get Formica Laminate in granite style. Which would c...