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With record low interest rates and the new FHA mandate by Obama to lower mortgage insurance premiums, does anyone plan do a streamline refinance? I'm looking in to it and waiting to hear how it will affect monthly mor...
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Hey Baltimore Investors,I'm looking at a multifamily in the city, but I'm worried that the taxes will rise significantly when I purchase the building. Does anyone know how assessments work in the city? Will the new as...
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I’d like to share with you what we’re doing with our properties to mitigate COVID-19’s impact on our properties, with the hope that you can use some of these ideas and strategies on your own properties. If you have ad...
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How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...
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Hello BP Community! I’m planning to begin the construction of two units on my single family rental property that currently houses a tenant that’s been there for the last 6 years.
The two additional units will be det...
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A study by Corelogic reveals rent rates for single-family homes was up 11% from 2020 to 2021. Cities like Phoenix, Austin, San Diego, Orlando, and Las Vegas saw rates increase over 15% last year.If you rented a house ...
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Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
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I am a fairly new investor and have pondered a decision on my first single family home:a)Refinance the loan to increase monthly cash flow. Or, stay the course with minimal monthly cash flow and faster loan pay off.I h...
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Hello Experts, I have saved up some $100K+ which i planned to put as down payment for a single family home purchase planned within 6-12 months from now. This amount is sitting in savings account . Looking at my short...
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Hi there! Just got a question about what the capital gains tax rate is on selling investment property is these days? Not sure I know any more with the tax law change this year. I've only purchased investment property ...