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Hi everyone. To start REI my “plan” has always been to start with the house I live in. The house is titled in me and my dads name but the mortgage is in my dads name only. I have been paying the mortgage for 17yrs now...
Hello,My husband and i currently live in NYC but we're thinking on moving to Pittsburgh and invest in Multifamily homes there. The plan is to buy and hold and maximize the cash flow every month. We would like to inves...
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Hello guys! I am 26 years old going to school for Computer Science. I have until May 2022 until I graduate and I currently am in a great area paying $965 + utilities for rent. I am looking to see if maybe I can secure...
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Hello. Me and my brother own 2 properties (both names on deed's). Even thought we own them 50/50, when we apply for a new loan, we are responsible for the whole mortgage balance. The rental income is counted in half b...
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A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
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Good day to everyone. I'm new here. Hoping someone can answer this for me. I want to purchase my 1st rental. Interested on a duplex. My question is. I don't have a mortage on my current home. Can I house hack a duple...
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Hi there BP, I just moved to Port Saint Lucie FL, from Massachusetts, however I am a FL native.
I own 7 total rental Units, so by no means do I know everything, however, I would love to get a monthly or bi-monthly m...
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I am trying to figure out how much equity I would need to raise to build a hotel. Here are some assumptions:- Let's say I were to a build a hotel and the total cost were $10 million- The value of the land on which the...
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Hello I have a hypothetical question. what would be a good strategy if the housing market crashes and I am just starting out and haven't bought anything? Should I buy or wait?
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Ok, so I'm building an absentee owners list is a small affluent college town. The number of undefined leads in my geographical area is 38K. I whittled this down to about 3,000. I then added 40-100% equity and I get ...