Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
Brent Thompson
Storage Units: How much is too much for the dirt?
Here's a question for developers and brokers - how much is the average price/ft for storage units?
Josiah Sia
House hack vs rent + single family - in a conundrum...
Hi there! My family wants to move to a location that is closer to our work. Right now I have about an hour commute in the morning and sometimes more in the PM. My wife has about a 30 minutes commute to and from work.W...
Stephanie Money
What hurdles do I need to be prepared for?
Being that I am young and wanting to get into investing in rental properties, what are some hurdles that you think I may encounter that I can be better prepared for? For example; lenders not taking me seriously, agent...
Malcolm Miles
Buying Home Near Military Base
BP family, good afternoon. I need some advice on whether buying a House near a military base is a good idea. We won't be at this base for more than four years so I'm curious if buying a house here with plans to rent i...
Henrietta Lee
Tax pre-payment for rental sold
Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
Tina Acevedo
Rental income is here.... Now What????
Bought first condo on east side of Oahu on a no money down 5/5 arm loan 2.5 years ago. Condos value has increased significantly for a short amount of time.
Financed loan for $379000
Balance is now 360000
Current co...
Azeez K.
Your thoughts on Re-financing Multi-family from 15 year fixed to 5 year Balloon
Greetings BP Friends!
Hope you all enjoyed the long weekend.
Here is the situation:
I currently have a 15 year fixed mortgage on a MF @ 6.75% (Long-term hold)
Was considering re-financing and f...
Trace A.
Going against the grain for a new investor on internet forums
I never actually thought I would be the person sitting on the other side of a keyboard typing into a internet forum. I've always taken a reserved stance against the idea of spilling your guts over the internet about b...
CL Ziegler
Buying rental units after age 50 - Bad Idea?
Hi Everyone,In a casual conversation the other day a friend said: 'You can't look for a quick return. Any money made will be over the long term.'That has been bugging me ever since he said it.Here's my question...Wher...