Michael Plaks
EXPLAINED: Depreciation - myths & reality
Years ago, I was at a CPA conference, and the lecturer finished 30 minutes early. Unheard of, I know, but it did happen. He asked us what we wanted to learn in the remaining 30 minutes. And 300 CPAs in the room almost...
Lee Krasulja
Need help on converting Primary to Rental
Hey guys,
I'm trying to compile a list of things I need to consider/review with my accountant, financial planner and attorney. My wife and I have outgrown our home and feel that the time has come to find a bigger ho...
Bradyn Melser
How to keep going when you hit your DTI (Debt To Income) limit?
Hey community. I've been investing for a little while in rentals. I've done a couple methods (including the BRRR). I now have 4 cash flowing rentals and am loving investing, but I have a problem. I hit my DTI with the...
Account Closed
Multifamily BRRR Strategy
Wanted to get some opinions and thoughts on my mulit-family real estate business strategy: I have experience as a multifamily architect but I want to get into investing/development. My plan is to start with 2-4plex ...
Nick Burkhardt
35K and ready to jump in!
Hey BP community, I need some advise!
I moved home two years ago and was able to save 35K cash and am feeling like I'm approaching the point of investing in my first multi. I want to buy and hold for long term wealth...
Alisha Scott
Looking to start doing lease options in IL, please help!
Hi, I'm in Chicago and am interested in doing lease options. Could anyone offer information for a beginner? Do I need a website right away? What do I need to get started (ie real estate attorney, where do I find contr...
Brian Garlington
Potential Renter asking for additional cleaning/painting be done
I'd like to get feedback from the forum as to this situation and how I've answered her.....I have a potential renter that has gone through the background check successfully, and I've talked to her previous landlords a...
Brian Johnson
Is paying off my mortgage the best idea for my future
I have in mind of paying one of my properties off in the next few months. The advantage the way I see it is once I pay off the property it will free up my borrowing power a bit more so it will not be such a challenge ...
Nicholas Bolcon
Vermont Short Term Rentals
Hello All,
I'm wondering if there are any VT investors around specifically for short term rentals.
This has me concerned and wondering. Specifically the very last section about no one being able to offer a short ...
Tyler Carpenter
Buying on contract?
How do you go about buying a property on contract, to where you name is at least mentioned in the deed somewhere? The reason I ask this question is because what im looking to. I may or may not be able to accomplish th...