Leo Kotschenreuther
BRRRR with All Cash or Financing?
Dear BP-community,I just finished David Greene's book "Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties". Before I had read the book, I was convinced that I wouldn't be...
Gavin Dalton
Refinancing for more cashflow.
Hey everyone,I bought a property a little over a year ago and I have been paying extra onto the principle and I was just wondering if it would be a smart move to refinance to bring in a little extra cashflow per month?
Ralphy Rosado
Heloc. home equity line of credit
I've heard of way to pay of my mortgage on my primary home and investment property in 5 to 7 years how does that work and where is the best places to go to get one
Bienes Raices
Sketchy addition on back of house
This house was a 2/1, but there is a sliding glass door in back, where owner put on a very small addition with a half bath. Floor appears to have a very slight slope, and roof shakes a little bit when you walk around ...
Peter Amendola
Investment property - lower interest rate or lower down payment
Hey everyone! I have a mortgage philosophy question for short term rentals. My wife and I are looking to purchase an AirBnB STR and have two options (below):1) Purchase price = 480k, down payment = 20% (96k), intere...
Nick Lee
Is seller finance tax deductible?
Hi Guys,If I buy a deal with seller finance can I deduct the interest payments as I would with a standard mortgage?I know you should not count this phantom income and I will not factor this in to anything. Just wonder...
Dan Costantino
Raising rent on tenants that come with the house
I just bought a duplex fully tenanted. Market rent is $600/unit. It is rented for $425 and $475/mo.
The $425 tenant has been there ten years. They have accepted an increase to $500/mo.
I haven't talked to the other ...
Mark A.
Tenant using Basement Washing Machine for Free
Hey all,I just need somewhere to brain dump.My tenant moved in about a year ago. I told her that we do not offer any washer or dryers with the unit. In the basement of my duplex, I have a washer and dryer in the basem...
Account Closed
Buying a duplex and then personally living in an apartment?
Just starting to learn about REI. I was originally wanting to buy a 3 - 4 unit multi family and live in one unit, while renting out the other 2 - 3. My market is Bradenton/Sarasota FL, and a 3 - 4 unit home runs $500 ...
J. Martin
Consistent Late Payments but keeping Tenant - stupid?
1 of my 6 units in a lower-income neighborhood is late consistently, every month. I have accepted it so far, w/ late fee, for over 6 months. And so far, plan to continue doing so (but adding a daily late fee). Howe...