I’m in the process of purchasing my first investment property. I want to begin to prepare for the second property and wanted to know when the income generated from the first property can be counted as income to qualif...

I have an STR that shows income on my tax returns for 2022 but obviously not 2023. Are there any specific lenders that will use 1+ years of income so the mortgage on the STR isn't killing my DTI ratio? The banks I've ...

Financing experts:
I purchased several new properties this year, most of them financed, and now I want to apply for a loan to finance the purchase of another property. I am wondering how the newly acquired properties...

We have started to allow tenants retain utilities in our name but we have wondered whether the amount we add on for utilities should be counted as part of the monthly rent, especially for reasons of aligning with the ...

I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming in after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,...

Hey BP,Just curious to know what everyone's opinions were on the cash flow situation. Do you count the maintenance reserve (I budget about 10%) as cash flow? I see a lot of articles where people are talking about cash...

Just Wondering if I would be able to count my driving for dollars as a tax deduction. I have the mile iq app and when i drive for dollars i usually turn it on so it can count for my business. Am i wasting time doing t...

I'm in a bit of a bind and I'd really love some advice. My lender has rejected me last minute because he was unable to count my property management income towards my debt/income ratio since I haven't done my 2016 taxe...

Am I imagining or are there much more self-storage for sale advertisements then may be 6 months ago?  I am seeing more and more in my e-mail box, but for some reason the CAP rates of 5 or 7% seems pretty low with mort...

At the Tax sales where R.A.M.S. is used in Illinois for the sale of tax liens, who bids 0%? Why do they do it? Is it mostly banks that do it to protect their assets? I'm interested to hear from anyone who bids 0% or a...