I am looking for some clarity on the REP status. My main source of income is a full time W-2 job with a custom home building company (S-Corp). I am part owner of this company. I also have multiple investments as an LP...
Has anyone seen this article? "The Really Big One"http://www.newyorker.com/magazine/2015/07/20/the-r... I know the New Yorker is a bit lengthy to read start to finish, so I included some quotes from the article that I...
I have some new investors looking at options and I recently read this article in Crain's about Sam Zell and his experience and vision of the future of Mobile Homes and thought I would look to the BP community to get y...
Hi All,
I am in the process of purchasing my first investment property and found one with great numbers but inspection found knob and tube in attic and some in basement. According to the listing/owner the electrical...
Taking action isn't only investing in real estate. You should take a break from buying if the deals don't match your buy box, you are out of money, or for several other reasons (partner isn't on board, over-leveraged ...
I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
Does anybody have accurate up to date information on how a newly build or a renonovated structure will be appraised if it is a detached ADU . I have been told that it will be asessed differently on square footage to t...
I have acquired my first top/bottom multi-unit. Two units, first floor two bedroom with large floor plan. Second floor three bedroom. Both have washer and dryer hookups and one bathroom.
I am wondering if anybody ha...
Hello everyone, Ever since the new tax laws went into place where you have to be uber rich in order to write off your mortgage interest. I've been trying to think of ways to move my mortgage to my investment propertie...
Hi,Hoping to solidify this deal:Overall:Duplex2000 sq ft total3 bed / 1 bath eachContract Price: $110,000Monthly Costs:Mortgage Type: FHAPITI: $810 (4.25%)Repairs: 0.15*$1350 = $202.50Trash / Water: $155Income:Rent: ...