Hello BP Family,I apologize if this was asked before, I searched and couldn't find anything, but I'm sure this is a common concern.My hypothetical question: What direction do you take, when you have an empty rental pr...
Hello BP fam! I have just taken ownership of my first ever duplex! Whooop whoop! One side has tenants in place, the other side does not. Using the agent who helped us close to get renters in...but, it's been almost a ...
Just turned 60 and want to move my money out of my workplace investments (mix of 401k, IRAs) with Fidelity. I own 3 homes (2 outright) and one is a vacation home rental that I owe just under a 1/2 mill on. Note: It p...
Hi everyone,
I recently purchased my first duplex with an FHA loan. I started to put together my taxes and ran into a few questions.
1) During closing I paid an FHA premium up front is this deductible in the curren...
I've heard of strategies with people using a LARGE line of credit as their primary financing tool. For example, 5 units at $200,000 each is their collateral for a $1,000,000 line. When the line is paid down enough, ...
Hi bp I am looking at a property in florida that is coming up on the tax deed sale, it has a 150,000 irs lien on it. I have done some research and it looks like the irs has 120 days right of redemption after the sale,...
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, and Repeat, is a real estate investment strategy that involves a series of steps to maximize returns on investment. Here are reasons why investors may ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,000
Cash invested: $107,600
Case Study: Cockroaches to Cash Flow
Property Acquisition
I found this property thr...
Hello fellow BP pros,
I am looking for advise on how to increase size of the house -build up or down or going wide?
it is small one-level rancher style house with big lot and lots of crawl space...what would be the ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Winooski.
Purchase price: $191,000
Sale price: $197,000
My first deal was a severe rehab duplex where I lived in one side/...