Casey S.
Seeking feedback on potential triplex
Hi, this will be my first deal and a house hack. I live in Dallas and am looking at a triplex in Cleburne which is about an hour south, near Ft. Worth. It was recently reduced to $165 and has been on the market a coup...
Johann Kleisch
What does "100% fee simple interest" mean?
Recently found a listing that has the following information in the description,"Siegel-Gallagher, Inc., on behalf of the owner, is offering for sale a 100% fee simple interest in the 40-unit multifamily property"Can s...
John Lewis
Who's House Hacking a Duplex
Hello BP Fam,The wife and I are in the market for our second investment property, and we are looking to house hack a 2-4 unit. More than likely it'll end up being a 2 unit. I want to know how much of the mortgage is y...
Kingsley Edemidiong
Should I invest in North Tulsa area? Which areas are better?
I am interested in investing in the Tulsa, Oklahoma area but I am not quite sure which area to invest in. A close friend of mine, who has been investing in the North Tulsa area for over 6 years, highly recommends Nort...
Nathan Gesner
I made a rookie mistake and destroyed my future!!!
THE SITUATION
My first investment was a townhome, bought sight unseen on the recommendation of my father-in-law who was a REALTOR with 15 years experience. My mortgage, taxes, and insurance were $365 a month and I pa...
Ariel G.
Transition to a new property procedure
Hi everyone1. I was wondering, what's the most eficient procedure for the transition of one property to another.Meaning, you plan to sell one, and buy another one that you seem to consider a better investment. Would y...
Rick S.
Gross Income Thresholds to claim real estate deductions / losses
My wife and I are new to the forum and to real estate investing. We are fortunate to have joint income in the $350k range combined.
We have read a lot of various articles and such but have a BIG question...
Based ...
Steve Rozenberg
What is Your Rental Market Sweet Spot?
Do you rent top of the market , middle , or below average rents?
Clay Kramer
How to Analyze a Market for Self Storage Deals
Hi,I've been looking into self-storage, but market evaluation seems very different than residential. Does anyone have some tips on how to analyze a market when evaluating deals? I'm primarily looking into purchasing...
Jack B.
Accountant is using a weird depreciation method, is he right?
He tells me the appraised amount of the structure (not including land, just the house) divided by 27.5 is NOT the depreciation method.He said the purchase price is my basis and that...Depreciable basis = basis * land...