Nick Donato
Using 10.31 funds to purchase a BRRRR is this possible?
I'm selling a rental I've had for several years now and will profit over $200,000. In addition I have some cheap private money allowing to make a purchase in the realm of $500,000 cash.
My plan is to sell this prop...
Kasia Leville
Sandwich Lease Option on Upside Down
I have been receiving some calls recently from owners who would like to sell their homes, but owe more than their houses are worth. Is there any strategy to help these people and make a profit at the same time? Would...
Mark H. Porter
Stepped-up basis going away
Good morning, regardless of what happens today, there’s a HUGE bill due from covid.1031’s, capital gains, and now the stepped-up basis could go away. Rather than people thinking I’m coercive, please just google “step...
Allen L.
Home Warranty for rental properties
Hi guys,
I just purchased a home warranty plan for a property that I own as a rental. I think many people here would think this is a terrible idea but I think the benefit is in the nuance so let me explain.
First, h...
Quin Weidner
Commercial Property for a Newbie- good deal?
Hi everyone, I'd like advice on how to proceed.Its a commercial condo on a downtown mall in a small city. Prices are generally high here, and cap rates don't get too high.The tenant (long time coffee shop manager has ...
Fabiola F.
My CPA & I are in a debate about how to categorize reno expenses
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
John E Ceisel
The 3 Rental Inspections
Hello BP!The way my lease is structured, for the move-in/move-out inspection I have 3 phases: 1-Move In2-Pre-Move Out3-Move OutAs far as legal obligation is concerned (California), the tenant must fill out and sign t...
Joseph Agins
Re-fi back to 30 yr terms on rental homes?
I’m wanting to re-fi about 8 SFH rentals to take advantage of lower rates. Have owned them for varying amounts of times. Some just a couple/few years and others much longer. Trying to determine if I should just 30 yr ...
Account Closed
Investing in the Hawaii market or try going out-of-state
Hello! I'm not new to the group and I have been meaning to dedicate some time and effort to do some research and get serious about real estate investing since about 2 years ago... Well, good news is that I am finally ...
Hugo Luna
Sacramento vs San Diego
Hello BiggerPockets! I am looking for general feedback on REI success (within the next year) in the Sacramento vs San Diego region. Reason being, my partner and I are planning a big move from Silicon Valley to either ...