Scot Amato
Four unit investment house
Hello BP. I need some assistance. I am a flipper of single family property but recently purchased a four unit apartment house trying to add passive income. Total 8 plus bedrooms. The single family properties I purcha...
Stephanie Kerr
Submetering water in North Carolina
Hi! Looking for information on sub metering water for a 5 unit apartment complex. I have done this on 400 unit plus properties but never a community this small. Property is located in Burlington NC outside of Raleigh/...
Peter Pope
How to claim depreciation on taxes?
Hello all, this will be the first year I’m able to claim depreciation on 1 of my properties as it is a rental now. What do I need to do when filing my tax return? I like to keep it simple and see the same tax preparer...
Pixel Rogue
Live off a loan instead of income....
Recently started catching a thread where one could take out a loan for living expenses, in essence covering cost of living yet having little-to-no reportable income...plus a bonus where interest paid is tax deductible...
Maureen Jansen
New to BP, invest prop & want to house hack in WA, PA, OH, WV
Hello,
I'm very excited to be here! Like many, I've found myself out of work due to C-19 and living in a very expensive apt. in Seattle area. My lease is up mid-Feb and I'm looking to invest in a tri or 4-plex. I've...
Jason Reider
Triplex With Assumable Mortgage
Hi everyone – first time poster here. There's a triplex in West Hartford that just came on the market – it's the perfect location I'm looking for to house hack my second property. The listing offers an assumable FHA l...
Fred Gonzalo
to PAY off credit card debt or NOT to pay off credit card debt?
DEBT TO RATIO is holding me back enough for banks to say NO everytime i get to the underwriter part. Truly stinks and a waste of time for everyone..If anyone with same experience can give me tips or advise id truly ap...
Nathan S.
CPM- Tax Deductible?
I have been considering getting my CPM (Certified Property Manager) designation both since my day job is in Property Management and I moonlight managing my own property investments. The program is approx $6000 to com...
Raul Cesar cortes
defaulting on 401k loan
i purchased 2 fourplexes and incurred a ton of losses but project income in future. i was thinking about defaulting on 401k loan due to having enough losses to offset
Thomas Neely
Anyone keeping a customer database?
Hello Everyone!I wanted to ask is there anyone keeping a customer database? Since I have started in real estate investing; any potential renter is keep in an Excel file. So anytime I have someone looking, asking or ev...