Rob Hendricks
Do carrying costs increase cost basis?
I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
Tony Velez
Suggestions on forming LLC
Hi,We live in CT. My girlfriend and I are about to form a 2 person LLC. Any suggestions on how to go about forming a proper LLC? We plan on buy and hold. Thank youTony V
Charlie Curtis
Irvington, Indianapolis Outlook
Hey all! New to the BP community and potentially looking at some single family and small multi-family in the Irvington, Indy area. As a place to live, what are your thoughts? It sounds like Irvington is established al...
Ron Cormier
Looking for the Right Strategy
Hi All,I'll try to keep this short and sweet. Looking to get into RE, just not sure of the right strategy. I'm in my early 50s. Selling my primary and relocating to NE Florida. I have around 70k to get started with an...
Mike Heth
Cross-Roads... Which side?
Hello BP! I've been on hiatus for a while after my divorce. It's great to be back.Long story short: we house hacked a duplex while together and I kept the place. During the split, I moved into an apartment while re...
Alus Kunwar
Sell or Rent my home
Hi guys,I currently live in Phoenix and bought my house about 3 years ago. I bought the house for 280k, renovated the entire house for about 15 k and the house is currently worth about 340k. I am thinking of a few thi...
Colleen West
Primary residence conundrum
I have a really bizarre issue. I have been under contract on a new construction house for about 8 months in Austin, Texas. The house is set to close on May 14th, and everything has been finalized with my rate locked i...
Tony Gunter
Construction Financing 1-4 Multi Family
Hello BP Family,Does anyone have a suggestion/recommendation for any lenders that do this. It seems an underserved niche between SFR and 5+ multi family lending.Specifically, new construction loans for duplexes, Tripl...
Manos Alimpertis
Adding a detached ADU to a duplex in SLC
Hello there community, in the recent days I have been teasing the idea of house hacking if I decide to move in the future in SLC ( love skiing and the nature). I have read the city’s guide https://www.slcdocs.com/Pl...
Zach McKay
New Investor in New Haven, CT looking to Connect & Learn from Others
Hi All - I am new to the real estate world and looking to learn from investors, property managers, etc. I am 24 y/o and live in Fairfield County, CT looking to buy my first property...likely house hacking a multi-fami...