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Hello!I would like to purchase land near where I live. The land would be multi-use; some farming, some residential, and some airbnb.
The idea so far is to get a farm loan. From the people I spoke with, at least some...
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My business partner and I received a bill for $3,000 through our CPA for filing k-1s on three properties in 2019. I wanted to get a second opinion on the bill before using them again on our 2020 returns. Does this amo...
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Hi BP,What are some ways you keep expenses low in an office/retail building? I have heard updating the lighting to led is a huge savings on electric bill. It’s a 1930’s building w retail on bottom floor(they pay utili...
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Hey fellow investors,From your experience is it better to purchase a home or rent a home for the year when doing the mid term rental strategy?
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Hello BP!
It has been a long journey to this point, but I've finally gotten to the stage of putting in offers. I'm looking in SC for a buy and hold, cash flowing SFR rental. I've been putting in lowba...
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My wife and I were married last October. Our long term life goals include building a portfolio of investment properties as a means of growing wealth.My father is a hard working frugal man who inherited a few million...
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My name is Danny Ondik and I currently live in Chicago, IL. I have no real estate investing experience besides what I have read and researched through books/online. My short term goal is to buy my first rental propert...
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For all you Buy and Hold Investors out there in BP. If you had a multi-family duplex that had a NOI of $3700.00 a month ( this is a cash buy) and another one that had a NOI at $2600.00 a month(cash Buy) would this ...
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I contribute to my 401K around $1500 every month before taxes. The company I work for contributes around $150 to it every month as well. I'm 35 and I have a 15 years mortgage for my primary residence. If I pay the add...
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As an owner of a couple of duplexes I have benefitted from depreciation over the past 20 years. I am now looking to move into passive investing and still want the benefits of depreciation to lower my taxable income (i...