I'm considering using an VHDA FHA Plus loan and obtaining a VHDA Mortgage Credit Certificate to purchase my first owner occupied investment property. What are you thoughts on this strategy for purchasing a property be...

Hello fellow investors,I'm currently house hacking, renting out my basement (around 740 sqft). Can I claim depreciation on this property since it is my primary residence? I bought this house in August 2022, only live ...

When baby #2 was conceived, I knew it was time to get out of our 2 bedroom duplex that we rented. I also knew that I didn't want to pay more than the current $850 rent, even for a bigger space. The solution? BRRR of c...

Hello,
I am new to the rental property investment world, and was hoping to ask for some tips / guidance as I navigate this process. My main concern is around optimizing my finances (personal taxes), as well as making...

Hi BP, I was just recently driving through Maine on my way to a pond hockey tournament and my wheels started spinning thanks to my involvement with this amazing website. I was searching through some of the typical RE ...

Wanted to get some informal BP feedback on legal entities, and realize this is not legal advise. I wanted to learn more about setting up legal entities for REI. After finding a mention of a law firm which specialize...

My wife and I are currently working with a contractor who is addressing a foundation issue with an older duplex that we purchased last fall.  Unfortunately, we discovered that the main support beams in the floor of th...

Hi All! I apologize for the long post in advance :)Anyways, it's been awhile since I've visited BP but over the past couple of years I've been looking into buying rental properties for passive income (but too "scared"...

I am new to blogging! don't destroy me! Please be honest.

I have found some apartments that are selling for $43,900. These are located near a university with 13,000 students and will continue to grow accordin...

Hello,

I am currently in the process of purchasing my second multi unit income property. I have established 2 years of landlord history with my current property and been at my job as construction worker for one year....