Earlier this summer I funded one of my BRRRR properties using a HML (for the first time). The terms were not that bad considering I got the the property at a steep discount and they were able to close in about two wee...

Main Questions: What does it mean to "breakeven" when renting out a room in your property? Is it worth it to invest in your own property in an expensive city like NYC? Or do you think one should focus on "real investi...

Looking at purchasing a duplex in Milwaukee. I live in Denver and would definitely need property management. It's not in a great neighborhood, but the numbers look great and justify the risk for me. Would love some re...

Hey there BP experts! I closed on my first rental prop (4-unit student housing) in October and I'm totally new to working with contractors. The property is old, built in 1911. It has some rodent issues and I want to g...

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

So my buyer was denied his loan after BofA (Bunch of @$$ho13z) screwed up his loan application and delayed the closing for three weeks. After he did everything they asked for and demanded. They even emailed him that t...

Just wanted to introduce myself here! I've been lurking, reading, planning and cannot say enough about how impressed I am with BP, the information available and most importantly- how genuinely everyone on here wants e...

Hi All,

I read somewhere a good rule of thumb is a 30% equity purchase price. I guess the idea is that after closing costs and other potential fees there would still be enough left over to be a good deal. (I guess th...

Does a place like that exist outside of a real estate investors fantasy or a CPA's nightmare? Imagine what your cash flow would be without income & real estate taxes!

YES!

Turks & Caicos, an...

I searched the forum and haven't found much.I got a call from ALE Solutions to rent out my house for a displaced family who had water damage to their house for 3 months, 800 above the rent I am asking for.  They have ...