Gilbert Vigil
Investment options with capital but no job?
Hey everybody I find myself in a unique situation. I have been recovering from a back injury for over a year now. In that time I received a financial windfall. Prior to this I spent years researching real estate and I...
Tracey Dixon
100% Financing? (80/20 loans)
Hi BP! I’ve finally taken the leap and begun my REI journey. I’m currently trying to determine which type of loan I want to use with a lender. This may be a no brainer question, but seriously need advice. Based on my...
Gary Kline
determining basis for depreciation : frmr res. rented in 2015
I bought a lot in Colorado Springs, CO in 1998, had a house built on it in 2000, lived there until 2005 then moved away. Relatives lived there paying below market or no rent until 2014. I rented it out at fair market ...
Doug Underwood
Taking out money from IRA
Does it ever make sense to withdraw your money from an IRA before retirement to invest it in real estate? I know there is a 10% penalty plus it is taxed as income, however I would be able to invest the money in multi...
Mackensie Matze
Should I just pay off a renter and call it a stupid tax?
I had a renter cause damage. I deducted $250 from her deposit. (room in my house)I have statement from the plumber she caused the leak, pictures, and receipt from contractor for mold mitigation. The leak went throug...
Jonathan Dickerson
Back Rent Collection From Vacated Tenants
Short version: 4 adults (family) rent our Townhouse on a 3-year lease. "Bob-The Son" gets hooked on heroin, vacates the property, returns to steal everyone else's stuff to pawn for drugs, gets arrested and goes to jai...
Nathan James Flesher
SFR Cash out finance questions
Your goals and story: Hey ya'll I'm a first time investor with a recent acquisition of a SFR. I'd like to perform some BRRRR style cash purchases rinsing and repeating with a starting investment of $100k. I'm 33 so ...
Christopher Dru
What to do about mortgage rates negatively impacting cash flow?
I'm a beginner real estate investor doing all the learning, reading, and mock deal analyses that I can before I'm able to locate a cash flowing duplex in my target market and purchase my first property (I plan to live...
John Thedford
What Might A Typical Pre-payment Penalty Be In SW Florida
Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
Hugo Luna
Analyzing Investment Property In Woodland, CA - Sacramento Region
Hello BP!I wanted to share my recent experience and gather insight from other local investors in the Sacramento Region. I made an offer on a HUD home and after several counters, my offer was accepted at $295,000 (LP w...