Garrett Christensen
How much to set aside for Maintenance and Cap Ex?
Hi All,I've been investing for a few years now and when I'm running numbers I always set aside a percentage of the rent for maintenance and cap ex. I adjust this number slightly based on the condition of the property,...
NIcholas Hamel
Should I use the equity in my primary for a rental???
Hey everyone I have a question for you. My wife and I just bought our first rental property and we are considering another. We have a good amount of equity in our primary residence and are thinking about doing a cas...
Gerardo Hernandez
I feel like I made a mistake
Hello everyone, I have to say I am freaking out!! I got a new job over an hour away and I have been driving for over a month and I hate it! I have been trying to find a duplex to house hack but there isn't much in the...
Nadia Bipialaka
First investment property
Good morning, I am looking for my first investment property and wanted to get some advice. I pulled a HELOC (interest only) and unfortunately the money is sitting. I'm looking at homes in the Philly area up to 150k i...
Nyle Emerson
Seller's Concession vs. Low Appraisal
Hi guys,
I'm about to sign a contract for my first purchase as a homeowner. It's a two-family in Brooklyn with a furnished basement. It's a bit out of my price range at $667,000, so I'm using FHA with 3.5% down, and ...
Donna Florio
Need advice on structuring a deal
I recently bought a house to flip, and it turns out it will cost much more to renovate than I'd budgeted. While talking with a new contractor the other day, I told her I was considering trying to sell to another inves...
John Brewder
Which type of property includes the least waste of money: mobile home, condo, or house?
Which type of home has the least waste of money: a $75,000 mobile home, a $250,000 condominium, or a $500,000 house?Less interest is paid on the mobile home and condo, but condos may typically appreciate less than ...
Mike G.
Requesting help in understanding safe harbor applications
Hi BP,I recently incurred significant expenses for the exterior of one of my properties, and am requesting your assistance in understanding what I may be able to deduct in the current year. I would classify each of t...
Terrance Brown
The Numbers
What numbers do you need and where can you find them when you are trying to decide if you want to buy a property and then the AVR price?
Noam Birnbaum
cost-effect strategies for building a new unit
Hi folks,I own an existing property in the Bay Area that has a large backyard -- large enough to build an additional rental unit. I've inquired briefly of a couple local contractors and have received ballpark construc...