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(note: I meant to post this the local North Carolina RE forum)I've decided to terminate my tenant's lease. They've given me a few signs that they're not going to be able to keep up with rent over their next (year) ter...
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So I’m a bit confused about what I can and can not deduct in taxes when my rental property is a house hack. I’ve compiled this list with what I’ve found to be deductible and what might be. I am living in one room and ...
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This deal has a lot of moving parts but I'll do my best to cover them all. ARV - $345,000Repair costs - $45,000Purchase Price - $295,000 (Cash and Owner Financing w/ 0 interest)HOA - $50Location - ASchools - A+ (priva...
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Does mortgage really matter when your flipping a house? Say I bought a house and it took me 5 months to sell. So in those 5 months, I had to pay mortgage which contributes to my equity. If I sell it, wouldnt that e...
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Hello! I bought a house and have three roommates living with me. I am looking to buy another house in late 2025 to move to and house hack again but I feel like I have info overload!1. Who would I talk to in order to f...
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Hey BP,I’m looking for suggestions for a note servicing company. I bought a note through FCI Exchange but they rejected to service my note. Any help would be much appreciated.
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I have a potential deal that I am confused on what to do. I won a bid on a property on HUD at 69% discount at $70k, the Market value is $110k, and MLS has it for $105k the property needs about $5k in rehab just light ...
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Quick question: Do you prefer to pay taxes and insurance yourself or through an escrow account? (...and why?)We have all of our properties set up with mortgages and escrow accounts. Lately, we have had issues. Betw...
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As real estate investors, we form business entities to take advantage of liability protection and take advantage in tax savings. I have always read that if you are flipping real estate, you should do it in a S Corp a...
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I’m looking to purchase another property and rent this current one out how can I do this when my debt to income is already so high and almost maxed. I’m confused on how people can have so many rentals lol