Renting on the other unit while living in the other. Being an electrician I am currently adding switches, recessed lighting and removing a lot of the old knob and tube wiring and replacing with new romex. Just wonderi...
Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...
I don't have any rentals as of yet, but it's an area that I'm hoping to get into. I was reading an article (from the REI Expo magazine, if you're curious) and it mentioned "coverage against rental income interrupti...
So as the title says I am looking at a great property with long term tenants already in place so the property is truly turnkey and the price is right. However I have a suspicion that the property may still be fully kn...
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I own a duplex in the DFW area, that has hail and wind damage from storm that happened in November. I had a roofing company give me a quote ($675) on the repairs which he recommended filing a claim with my insurance ...
Here are the numbers I have running through the calculations. I would appreciate any analysis help or any tips on how I might have erred. I tried to be conservative.Purchase Price: $45,000.00Purchase Closing Costs: ...
Hello just looking for some information if anyone can help... I’m buying a home from a family friend and she’s going to be “holding the note” she’s giving us a 3.1% interest rate and it’s gonna be a 30 year mortgage. ...
Hello BP Nation! I need some advice. I plan to hire some college kids for general labor on a farm we own. The work will involve use of chainsaws, tractor, ladders, etc. I am worried about what happens if one of th...
I regulary read a blog concerning financial planning and recently they were talking about RE asset protection via a DAPT.
http://bawldguy.com/last-minute-asset-protection-for-the-procrastinator/
Does anyone have any...