Hoping one of you great people can clarify something for me. Looking at bonus depreciation and wondering if it is based on the county assessed value or purchase price?We purchased a commercial building for $420k and t...
Hey BP! I currently own a couple multi-family properties that are all LTRs and work a full time 6-figure job, so becoming an RE pro is almost impossible. I max out the $25k to offset my W2 under passive activity rules...
Good morning my question is, is it worth to rent out my current home yet and should I refinance to make it cash flow better for the long term? I’m looking to move about 30 minutes closer to my work which is in Orlando...
Confused about a cash out refi with BRRR. Does it make sense to take out a HELOC for 80K. I buy the home for 60K, rehab lets say 10-20K. Since Id own the house outright, can I or do I (does it make sense) to cash ou...
Hello everyone, I am looking to get into REI and am taking a hard look at my financial and credit situation to set real goals that will help me purchase my first property. Although I haven't been analyzing my finance...
Hello. Detroit investor here! I have one single family home and in search for my second rental property. Currently, interested in a recently toured brick duplex to BRRRR. One side is vacant which looks like mainly...
Hi All, I moved to Fairfax VA just six months ago. Me and my husband had always been interested in real investment for quite some time and now living in such a vibrant area, we thought this place has such a great inve...
I apologize in advance if this has been discussed. I have discussed something in the past relating to this, but this was more specific to my current situation. I did a quick skim and didn't seem to find the answer I w...
Hey BP -I'm new to investing and can't quite grasp when a good time to refinance is, so bear with me..I purchased my first and only property 2 years ago with an FHA loan and have a question about refinancing.Details:P...
I'm looking for some advice on the BRRRR strategy for section 8 housing.. I have enough cash to buy the properties outright and for the improvements/repairs before using financing to pull the equity out and repeat.. ...