John Hua
Section 121 question
Hi all, Me and my wife live in our SFH full time for the past year. In the upcoming year, we are getting roommates to help with expenses while continuing occupying as primary residence. We have ~400k in gains after im...
John Hooper
New investor, looking to help my mom
Hi BP, I'm looking for some feedback about the strategy my mom and I are planning to use to get her monthly cash flow back into the black and help her eventually retire.Background:My stepdad recently passed away unexp...
Antonio Marte
Protecting your credit from numerous soft hits? Advice?
Just came back from DFW looking for good deals on buy and holds SFR. We had no luck and will continue to look for solid deals but are now considering other markets. Every lender and insurance company wants to run your...
Tom Markoe
Sewer Line Repair / Replacement
Hi Folks,
I have a single family home in a suburb of Saint Paul, Minnesota that I rent out and have had to clean the sewer line typically annually or bi-annually. The sewer line has a "belly" from the house to about...
Scott Sweeney
I am looking for some help with an exit strategy for two rentals!
I live in Western Washington and own a rental home in Olympia and Wenatchee. Both are renting for slightly below market value but they cash flow each month. I have over $100,000 equity in both homes. I have great r...
Navid A.
Can you still BRRR if you don't have a W2?
Evening BP, I'm transitioning out of the military in a year. Curious how difficult it will be (or not) to continue buying properties using the BRRR method when I leave my full time job. I have built up enough cash ove...
Account Closed
Guidance Needed on Investing in Canada as a US Citizen
I am a US Citizen and I would like to begin investing in some properties in Canada with a friend of mine that is a citizen of US and Canada. I would like to learn more about what steps i need to take to be able to pur...
Samuel Everett
REOs
Hello out there,
Has anybody bought REOs? Found one in good condition (cosmetics) but just can't believe price for a 4bed, 3bath. Recommendation on how I should proceed. (be gentle :shock: )
Carini Rochester
First eviction in my landlording career.
I went to court this morning for my first eviction. I met my attorney for the first time. We spoke for a few minutes out in the hall. He told me that the tenant is using a free advocate. The advocate has reported that...
Christian Orellana
Cash-out to reinvest?
Hey Everyone,I am pretty new to investing and would love to pick your brains. I currently have a 16unit that's paid off, and family operated with good cashflow. My question is, should I pull out some equity and use it...