Chad Cherry
Rookie Buying a STR in the Phoenix Area
Hi BP Phoenix! #Rookie here. My wife and I live in the North Phoenix area and are looking to buy our first rental property. We are about to close on a fixed-rate Home Equity loan on our primary house, which we plan to...
Mike Mitchell
tax-free profits on real estate using a self-directed IRA
I've recently purchased 2 houses using a self-directed Roth IRA. Is anybody else out there using this incredible tool? If so, let's talk :D
Andrey Y.
Deducting my $800 appraisal fee (X2) as an expense for the year
I was just doing my taxes and I realized I had paid for two appraisals ($800 a pop) for two refi's in 2019. Of note, I paid them with a credit card and they didn't appear on the settlement statement at the end.If I ca...
Isaac Atwood
Purchase Price $77k. Rebuild cost $880k. Insurance
I purchased a 3 family for 77k. After repairs it will be worth around $150k resale value (TOPS). The insurance company refuses to insure me below a rebuild cost of $880k. I know this 3 family isn't worth anywhere near...
Account Closed
Am I thinking about the tax benefits of renting real estate correctly?
Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...
Chris Ayers
1031 Questions - Buy Cheaper/Smaller Homes?
I'm looking to sell a home worth 385K (that I bought for 306K) and net about 100K on the sale. I started investing in cheaper markets where homes are 100K and under. If I do a 1031 Exchange, could I use the 100K to bu...
Tala Alapai-Ahonima
Pace Morby SubTo Program
Pace’s SubTo mentorship program is not as good as everyone says it is. It’s actually 10000x BETTER!!! The content that is given, the bonus content, the community he created... it’s worth 10x then what he charges for i...
Bill Tyler
Military Only Tenants
Would it be a violation of Federal Housing Regulations to make a multifamily property a military only property (active duty, retired, and veterans only)? If so, what would be the difference in doing that vs. a college...
Beverly Mims
Qualifying New Tenants
My husband and I own rental property. We have 133 units and qualifying a tenant is extremely time consuming. I've read about RentPrep and see that they have actual agents who review your applicants and do the legwor...
Tiffany Shan
comparing occupancy data sources
https://docs.google.com/spreadsheets/d/1Fqrb6yrmTn...I'm in the middle of comparing Everbooked, Mashvisor, and AirDNA (may add Airnalytics). Spreadsheet is brief now but I will add about a dozen homes this weekend so ...