Hello,My father recently passed away and I inherited his house in Ohio, but I am in California. I work full time and this is the very first property I have ever owned. I am intending to convert the house to a rental a...

I'm going to be doing a 1031 exchange on a property I own and I was curious if it is possible to use some of the funds to do capital improvements on the property(s). So say I purchased 3 homes which I understand is th...

Hi All,I've done several significant improvements to my primary residence over the last 3-4 years paid in credit/cash. If I do a cash-out refinance on the primary to pay myself back for these improvements, would inter...

Hi - From what I've been reading there are restrictions on HELOC interest expense deductions.  Does anyone know if I take out a HELOC on my primary residence and draw funds to purchase/improve rental property (1) will...

Hi all - I’m hoping to close on my first investment property (!!!) and considering buying a house at the Jersey shore in the Seaside, NJ area. The house is below the BFE determined by FEMA, but have confirmed with the...

I have a couple of vacancies and I am considering putting some money into the current units. What is a good rule of thumb for ROI in updating units I can do the basic and invest 6k and get an extra $100 per month OR I...

I bought a 2-floor building in 2010 for $200,000. I live on the top floor. Currently there is a tenant on the 1st floor. I only plan to live in building for 5 years, and rent out the whole building for another 10 y...

Hi investors, I new to BP and tax sales in Alabama. I’m excited and nervous at the same time!!! I’ve read a lot of post and looking for more information.

Looking for any advice/ knowledge people have about capital expenditure policy's. I bought my first rental and I am currently housing hacking. I made the rookie mistake if waiting until tax season to get tax advice an...

Good Afternoon,This is a long post, thank you in advance!I think I found what could be a "good deal", but I'd like some feedback because there seem to be sooo many moving parts in a RE deal, and other than purchasing ...