David Eureste
Multi unit - condo vs apartment?
I'm considering a 6 individual condo package. 3/2s in a stable neighborhood. They make up a 6 unit building which is one of five similar on the property. The numbers have potential as apartments but what about as co...
Ruth Buckley
Damp in basement - concern for renter's on second floor
Hi BP, new to rental property investment. We have had an offer accepted on a 2nd floor condo we plan to rent. There are 3 condo's in the unit, the other two units are also under contract at the moment. The deal would ...
Trevor Jones
VA Loan and property tax
So my buddy served four years in the Navy and has completed nearly four more years in the Army Reserves. We are looking to take advantage of his no down VA loan. He is currently going to school full time and recently ...
Taahir Shaikh
FTHB Dilemma w/ a Sunroom
Hey BP Family,Working with my Realtor right now to win my first bid (after 7 failed attempts) on a first time home. This property is in a great area for me in North Arlington (great schools, stones throw away from a h...
Arda Bircan
2023 Short-Term Rental Bonus Depreciation Update
You can still claim 80% bonus depreciation if you are looking to invest in Short-term rental properties this year. In 2024, it will drop down to 60%.To maximize your tax savings you will need to purchase a short-term...
Atwan Kwan
"Legal-ese" = Adding Tenant to Lease PG county, MD
I HATE translating Legalese in contracts!!!!!!I have two students in a 3br at college park maryland. Looking to add a 3rd.....Seems like the standard is to screen, then just write an addendum they all sign....Does any...
AJ Wong
How accurate are AirDNA estimates & calculators for STR's?
Not a day goes by when a vacation rental investor does not ask: "How accurate are AirDNA rentalizer estimates and projections for short term vacation rentals?" The simple answer is highly accurate..A recent CBRE repor...
Herlando Y.
First time investor in Central Jersey
Hello All,I found a house for my first real estate transaction in central Jersey and here is the details:This property was a CPA office for 20 yrs and in 2008 it changed into a law office. The landlord is currently in...
Jovan Hsu
Bank appraisal for small multifamily - what method?
My wife and I are considering buying a small multifamily that is currently used as a duplex but has the potential to be turned into a 4-plex. For financing, the plan is to buy all cash using short term private lending...
Sixuan Chen
HELP! ROI seems too good to be true, am I missing anything?
Dear all,I'm looking to invest in at least 1 property in North Chicago (around Rogers Park and Evanston) area in 2021 so I'm screening deals on MLS. Now I'm find a property whose potential ROI seems unbelievably high ...