Chi Lo
Questions about basement apartment
2 January 2025 | 3 replies
Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing).
Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
2 February 2025 | 178 replies
Looks like they just released another update video.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
You would essentially be working 50-60 hour weeks when combining with your full-time job and the real estate to qualify.If you have a detailed and accurate hours log, it is possible but just note that it may raise scrutiny by the IRS.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
In other words, you will be taxed twice on the money that you do take out essentially.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
Their videos and "You got paid!"
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
It is essentially the last town before the pass.Regarding what @Lisa Marie said, there are is a ton of good info in there but for your needs, you need to increase the cost to clean.
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!
Abrahm Dimmitt
Prop stream or Deal Machine?
17 January 2025 | 35 replies
If you're only really working your local market, and mostly driving for dollars, and want essentially a 1 stop shop that can do most things pretty well, then Deal Machine should work for you.
Kyle Carter
New company in area
9 January 2025 | 4 replies
But essentially Apple is injecting a TON of revenue into the local economy which attracts investors AND people wanting to move to the area.
Luisa Morejon
What to do with the proceeds of the sale of my home?
1 February 2025 | 23 replies
I'd suggest that there is essentially no tax implication for this as compared to your alternatives.