Joe Splitrock
What is your day like?
I am curious for those of you who regularly post on BP to hear a little about how you spend your time. Are you full time in another career during the day and real estate at night? Or are you full time in real estate a...
Account Closed
Getting rid of inherited tennant with 11 months remaining
Hey everyone,Looking for a little advice from someone who might have had a similar circumstance in their careers. I am closing on a new duplex in NE Minneapolis, MN next week and have inherited tenants in both units....
Daniel Ortiz
Reserves - How much cushion do you need?
Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...
Dennis Maynard
Pay of debt or Buy a Cash Flow Property? Question of the Week.
Hey Everybody,Many people face this challenge. Should you pay off debt such as a car, credit card, or student loans first? Or should you take the same money and buy a cash flow income property? What would you do an...
William C.
Cost seg depreciation recapture model
Can anyone quickly share a math model of a the depreciation recapture scenario below? Thanks in advance for considering.
Purchased a home for $700k
Completed $25k in renovations
Completed a cost seg study (80% bonu...
Dan H.
Average San Diego home price is $1M
Greater association of realtors states average San Diego home price is $1M. This is an astonishing number when the median family income is $85K. San Diego home prices have seemed high for at least 40 years, but $1M ...
Judy A.
Best way to increase rent
Looking for help. My husband and I are soon to be brand new landlords....My father in law recently passed away and we will be taking ownership of the home. It is a 2 family home in Boston(Dorchester), MA. His mother l...
Angie Brown
What effect will rental property have on my personal income which is over $150k?
Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.
Want to purchase 2nd pro...
Charlie Moore
Is it illegal to advertise different rental prices for SEC 8...
Listing my home for rentSEC 8 voucher for a 4 bedroom is 1000People who do not accept the voucher, usually have lower rents..So with a sec 8 tenant, i can get 1k per month and with a normal tenant the market allows me...
Jon Klaus
How much is your highest rent?
How much is your highest rent? What is the unit like? Is it a good investment compared to your other properties?