Adam Spencer
Building a Garage ADU
I am wanting to build and Garage with an apartment above it at my home in Ypsilanti, MI. I was told that this is not allowed in Michigan by a friend. Just wondering if anyone knows if this is true or not? Any other...
Josh E.
Will the Federal Reserve ever raise interest rates?
For the last year or so people have been talking about a "rising rate environment." Granted, rates were rising towards the end of last year, but the Fed has clearly reversed course on tapering.I don't believe the Fed ...
Ryan Sykes
Cashout Refinance lenders/Banks
Greetings All! My brother and I are 2 weeks away from completely renovating our first rental property in Petersburg, Virginia. What’s even better is that we used our own money so we don’t owe anyone. We suspect from...
Artem Lopatchenko
Business Plan/Loan Proposal Analysis Values to Use
Hello BP,Hoping that someone on BP can give me some insight. I need to start shopping local banks/credit unions to secure financing for my (hopefully near future) rental property purchases. As part of the proposal, ...
Curt Smith
Sched E landlord, where to best deduct business expenses: education etc?
Hi Folks, Last few years I just added up my general business expenses: education, technology, subscriptoins etc, divided by my number of Sched E houses and added an expense called General business expense onto EACH h...
Huy Ly
First rental apartment plan question
Hi BP,I am planning to purchase my first property to rent. I want to start with a simple deal first so I decided to purchase an apartment which could be easy to manage. Let me start with some facts before having quest...
Bryan Hancock
Title III Caps Raised To $5M Under Proposed Amendment
Some of the better forces in Congress are working to raise the cap under Title III to $5M:To amend provisions in the securities laws relating to regulation crowdfunding to raise the dollar amount limit and to clarify ...
Sean Sloop
Beginner from Saint Paul, MN
Hello BP Community, I am ecstatic to be part of such a community. I am currently saving money and taking steps toward making my first purchase within a year. I am looking in the Saint Paul and surrounding area to buy ...
Aaron Albertson
Starting new business
I am new to real estate investment and am looking to see what type of business is best to start. My primary focus will be on rental properties. I am looking at applying for an EIN and am not sure what type of business...
Jack Forester
Why I'll never offer a lease with option to buy again.
As a homeowner trying to sell his house (before I got into rentals) in 2011, I agreed to a lease purchase option. We agreed that $500 of the rent would go into an account to be used or a down payment, if they bought t...