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Hello! My wife and I are under contract on a second home, and we plan to rent our current house out. We are excited to start this journey. We plan on managing the rental ourselves. I am curious if we should start an...
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A question that I am frequently asked is whether or not passive investors are able to benefit from a cost segregation study. The strategy is more often talked about relative to active investors, however with the right...
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Hello fellow IRL monopoly players
Am looking for a little advice as I am currently in HELOC Hell. I am on day 30 of trying to open a HELOC with a particular bank. I own this property that I live in outright so this w...
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Hi All,I was hoping to hear which renovations on multi-family properties help command the highest rents. As with all real estate, I understand each market is different but wanted to see if there's a universal concept ...
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Hey all- I have a 401K with my old company that is sitting at around $45K. I currently have another job with a new 401K so the old one is sitting idle and I have heard that I can use it to invest in real estate.
My b...
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Hi everyone,i need advice please on denying an application i just received on one of my units i am trying to rent out. It’s the first time i am doing it my self and this applicant sent credit history and information s...
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I have SFH located in south Louisiana. Around a month ago our tenants started complaining about it being hot inside the home with condensation and potential moisture problems. We had an HVAC tech go out and check on t...
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Hi,I am going through Form 8996 required to be filed for a corporation to be considered for Opportunity Zone. I have a few questions on what it means for a property to be a "Qualified opportunity zone business propert...
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Hey BP,I'm looking at a 3 unit that's officially zoned as a two flat. The cash-flow looks good if I'm able to rent out the basement unit. Does anyone have experience with this type of situation; should I buy the place...
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Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect. I've included a few links...