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Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor. Our question is, from initial agreement through closing, what costs may we incur outsi...
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Hello,I have a simple beginner question about depreciating a building. If I purchase a property for $335k, and according to the county website the value of the property is $290,900 with the building having a value of ...
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My hat is off to all of you and your help. I have been able to put together some sense of the insanity of buying investment property. I have survived phase 1 :D I got my offer accepted for a nice duplex in the Dallas ...
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If you didn't see my "introduction" post I'll reiterate where I am so that maybe some of you could suggest a next step.
I'm 37 years old, own my own home and business. I've studied a few different REI courses in the...
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Hello BP members,I'm a fairly new investor.I have one sfh.I bought cash here in Hudson valley NY.I rehabbed myself and am now renting it out,tenants are on their second year lease,things are fairly well,very good cash...
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Hi BP Friends,I’m a new landlord and am just closing on my first investment property. The tenants I’m inheriting in our owner-occupied triplex want to add a roommate. I said yes, as long as the individual passes a cre...
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We just completed the inspection on a home that a client has under contract. Most of the items on the inspection are related to old systems that will need to be replaced eventually, or outdated items since this is an...
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Hi all. I'm new to BP and REI, but am excited to get started. I am considering putting in an offer on a fourplex in a desirable neighborhood in New Orleans to live in one unit as a househack. They are asking 625k, but...
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I have a parking space in Chicago that I rent out. I have had the same tenant for 2+ years with no real problems. Her rent was due on 12/15. I waited 10 days until I contacted her via email. I emailed her on the 2...