Brian Adams
I bought a 200+ unit Off-Market deal for $6 miillion and it appraised at over $10 Million
In July 2014 I bought a 200+ unit deal in Dallas, TX for $6 million and at closing the property appraised at $7.4 million.The deal was off-market and I located by doing a strategic direct mail campaign.This was a toug...
Bob Metry
Deprecation Recapture Tax Rate?
How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
Eric Merritt
Next Investment Move??
Hello everyone, I am reaching out looking for guidance on what my next move should be. I currently have three rentals, all occupied, two in NC and one in MI. I have conventional loans on the two NC properties and have...
Jeff Dimmler
Thoughts on this deal?
So this year I would like to purchase my first investment property. I have been looking in Pottstown, PA and Norristown, PA mostly. I found a deal that seems to be a good one. Here is the info on the property.** Un...
Heather Nunn
Month to month vs 12 month lease? Which is better?
My husband and I bought of first duplex. We went back and forth on leasing options, but decided to go with a month to month contract for our first tenants. Which contract option is better - month to month or a 12 mon...
Nathan Gesner
How are you "beating" government regulation?
Both federal and state politicians continue to stick their fingers in our business with various regulations. Rent control is becoming more common. Limited rent increases. You're limited to how much you can charge for ...
Ally H.
Advice Appreciated: Can Lender Decrease Credit After Rate's Locked?
Hi fellow BPers! After much learning and analyzing, we finally closed on our first home this week! Now we have a slice of paradise in Hawaii....but have some questions for those who are familiar with purchasing RE her...
David Lauka
Feedback on my 5 Year Plan
Whatsup y'all!So I'm pretty excited about making a splash in REI and wanted to share my 5 Year plan and hopefully have some of you pro's critique it and provide sound advice. I've got a great realtor, property manage...
Steven C. Suarez
Should I hold em? Or should I fold em?
Alright BP family, I've reached a crossroads. I have 2 houses. One I rent and one I live in. The one I rent I bought after the crash of 08' so I cash flow good on it. The house I currently live in in bought last year ...
Bryan Young
Indoor Pool / inside garage
Hi, I am looking to put an indoor pool inside of a garage to use for a short term rental (brand new construction).Has anyone done this successfully that can share tips? We heard from a garage door contractor he would...