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24 October 2024 | 6 replies
Hello BP! I currently own a duplex and have a question regarding using RUBS for gas usage. This formula is already in place for water, but here's the issue with gas -- both units use gas heat, however only one unit ...
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21 October 2024 | 2 replies
Started to look at available systems.
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26 October 2024 | 6 replies
That would be depend on how much cashflow you can generate from your primary as a rental versus what an apartment will cost you.
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27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
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29 October 2024 | 23 replies
Would be cool if I could split the VA loan and buy two houses in the same year.Resources, experience, systems and networking.
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8 November 2024 | 53 replies
Not everyone ( like me ) is versed at how to use these systems..
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28 October 2024 | 6 replies
Nobody can just guess correctly THREE times - when I’m correct again you’ll know I have a system that has been tested and works.
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27 October 2024 | 25 replies
We were interested in learning how to develop proper systems.
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24 October 2024 | 16 replies
Conventional versus non-qm products have similar pricing, but restrictions on DTI and capped number of properties will limit how far one can go using conventional.
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25 October 2024 | 11 replies
Avoid personal use of the property, as it can limit deductions, and be careful to correctly classify repairs versus capital improvements, as improvements must be depreciated.