Melinda Ching
Raising rents - renewing leases in Boston (West Newton)
My partner and I bought our first multifamily a year ago. We're house hacking and it's been great working on the property this last year. We are in the midst of deciding how much to raise the rent and we are looking f...
Hugo Cam
Vacant Lot Creative Lending Inquiry
Hello BP,
I'm looking for creative ways to fund a project my parents and I are looking to purchase. This lot contains a couple acres middle of town for 500K. We have 20% down and a current home with equity that can ...
Andrew Mowe
Switching careers to become a real estate agent!?
HEY BP COMMUNITY! I would love to get some honest feedback on my thoughts.I’m considering switching my career to become a real estate agent. I’m 25 and have been in the trades as an electrician for the past 7 years. I...
Michael Hooper
"Gift" to wife for down payment
I'm in the process of getting a loan for an investment property in my wife's name. I put it solely in her name because I thought it would be easier since she has a good paying job and all the other property debts are ...
Margaret Curtis
Tax Advantages of MHP
Hi all - Have researched but can't find the answer, so hoping someone here will be able to answer: Do MHP have any or all of the same tax-advantages as other residential real estate? I know you can write off expens...
Joshua Smith
Refinancing A Rental - Trouble Finding Lender
Hello~
I have a rental in Meridian, ID. I would like to refinance it and possibly pull some money to buy another. However, I am having trouble finding a lender.
I started with the Lender the current mortgage is ...
Jeff S.
1031-endangered? Retroactive? Maybe next year, maybe now?
Is there any chance a 1031 repeal could be retroactive with the Biden regime? TAX! the wealthy is the chant that is getting louder. In Portland, Oregon Ted and Joe are of like minds.
Jim S.
LLC, Inc, or what for tax advantage
I have 3 duplexes and work a regular job. I plan on retiring form my regular job in a year or two and keep the duplexes. Is there a tax advantage to having an LLC or Incorporate or whatever?
Donald F.
Deal Analysis Help or Ideas on a Multifamily Building
Can you guys help me determine if this is a decent deal? I'm looking to take advantage of bonus depreciation and thought this could be a good deal. I also like it because the owner is willing to do seller financing an...
Greg Weik
More on buy and hold
Investment Info:
Single-family residence buy & hold investment in Aurora.
Purchase price: $500,000
Cash invested: $125,000
This is not what most would seek out as a rental, but my experience owni...