Hi! I am in the process of trying to purchase my 1st multi family house hack.
My plan is to take a HELOC on my current single family home & rent it out. And move I to the multi-family.
I reached our to a mort...
Good morning BP family. I hope everyone is realizing your RE investing goals. We are considering purchasing a 9 unit multifamily. All of the units are 1 bedroom. Historically we were discouraged from purchasing prop...
IRS peeking into your income, Realized Cap Gains Increase, UNREALIZED CAP-GAINS TAX, DEATH OF THE 1031 EXHANGE AND MORE!!!
(I AM NO CPA AND THE FOLLOWING ARE MY VIEWS BASED ON MY INTREPRETATION OF THE ATTACHED DOCU...
How would you handle this situation: My Tenants own a commercial cleaning company. They have been in since Oct 2019, always pay on time, no issues there. However, I was at the house yesterday to inspect an issue they...
As I've been watching podcasts n reading topic posts, one thing that has crossed my mind: how come people aren't wanting to quit their jobs to become RE agents or brokers while becoming a full time investor? On paper,...
Hey BP, I am currently in my senior year of college at the University of Memphis. It will be my last year in college, as I do not think I will go back to get a masters. It will also most likely be my last year of play...
Not surprising I guess considering the current administration......
https://www.bloomberg.com/news...
Hello!So I'm looking into purchasing 10 houses from one owner. These houses are small (7 have 1 bedroom 1 bath/ 2 have 2 bedrooms and 1 bath/ 1 has 3 bed rooms and 1 bath/ all are around 1000 sq ft or smaller.) My hus...
Earlier this summer, my wife and I bought an older city town home that we renovated lightly (updated bathroom and kitchen), within a reasonable budget. We ran into a 2 month setback with our first contractor and decid...
My relative died and left his fairly new home to my mother, and we were wondering whether to Airbnb or rent it out. She is very stubborn and says she’s tired of maintaining and paying the bills every month, she is eag...