Joshua D.
when to use my own saved Funds and cash VS Mortgage/credit line
So i have a couple properties i payed for with cash out of my own savings and another i payed for with a primary residence line of credit. What are the advantages of using your own cash or going to bank and having lin...
Erica M.
House deal fell through over $500!
Hi. We are the buyers. We went to sign contracts with the lawyer and the sellers tried to pull a shady move. They wrote in the contract that theywill not credit us the $500 for property condition. They wrote that is w...
Danny M.
I Just Started Out My Real Estate Journey, Here's My Story.
Hi, my name's Danny, I'm 25, and I live in Royal Oak Michigan. I finished reading Set For Life last week and it opened my eyes to the world of real estate, and I think I'm hooked now. I want to use this post to introd...
Brian K Morton
Than Merrill 3 day workshop
Hello BP family! I am a new investor and I have been offered the opportunity to attend Than Merrill's 3 day workshop in Kansas City on September 27th- 29th. I was wondering if anyone went to one of Than's workshops be...
Staci Ryan
AIRBNB HELP! How much is too much?
My close friend is an interior designer and furnishes' AIRBNB's on the side. She said it'd be $15,700 to fully furnish it as an AIRBNB (that is not including the kitchen demo we are doing.) That seems high to me but h...
Griffin Myers
How do you find house hacks that make sense?
Where I'm located, a duplex in a decent area is going to run you at least $125k. Fully rented, rents in said decent area might be $1500-$1600/month. Taxes in Cleveland are generally high, with some areas being downrig...
Eric Nelson
REI deductions with fulltime job pay
I just bought a triplex in Bemidji MN. I work full time, my wife and I file jointly around $110k income.The house cost $168,500. If I have a negative cashflow on paper or IRL this year, will I decrease my taxable in...
James E.
Building your own home
Hi BP!
My wife and I are making a move out to the burbs and buying a small SFR that will need a reasonably extensive rehab.
Rather than going through the entire rehab thought process with everyone, I wanted to ask:
...
Rik Shaw
Landlord Property Insurance
Can anyone recommend a Property Insurance provider? I've reached out to some of the big names like GEICO and even a local independent agency, but I'm stuck I'm spending up to hour answering questions just to get an es...
David Hayman
Can depreciation be written off against your paycheck
can depreciation from a rental property be used against paycheck income?