Garrett White
First Rental Property Advice
Hey BP,I am a new investor who has been sticking to wholesaling for the past few months in the Durham area. I'm looking to acquire not only my first Rental Property, but this would be my first home purchase.My main qu...
Anna Marcotte
Buying a primary residence that is also a first investment
Good morning and happy Wednesday,Quick background before we get to the dilemma: I am 27 years old, I work as a full time nurse in an ER, I received a small inheritance when my grandma passed away of 100k. I live in Po...
Joseph Gisler
Depreciation and rental income, how does one effect the other?
I am preparing to buy a single family home to live in one room and rent out the other bedrooms. A question my father brought up to me pertains to depreciation and how recognizing rental income of a primary residency e...
Frank Trigoso
Buy three houses or multi-family?
I will have close to 100k after I sell my apartment and land that I own. I'm not looking to cash out, but to reinvest my money. Possibly do a 1031 exchange. I'm looking for directions so I may branch off of and do res...
Will Addison
House Hacking with a Business Partner
I live in Maryland, but just purchased a 4-bedroom home with a friend who lives in Little Rock, AR. We each put 10% down, he pays rent for his room, and are renting out the other three bedrooms. Since it is my busines...
Semilore Lawal
Commercial or Residential property for rental income
I would like to know, is it more profitable to invest in commercial or residential property for rental income. And what is the reason for whatever the answer is?
Mandy Adams
Should I buy a house to live in or continue to rent
Hi I’m wanting to get into real estate investing but before I invest I would like to see what makes more sense. I am currently living in a studio and paying rent. Should I buy a house first for me to live instead of ...
Anique Akhtar
Buying a home using mortgage for primary residence but instead renting the property
Hello,
I am pre-approved for a mortgage on a primary residence (non-FHA). Buying the property and moving in it means we move further away from the job along with other inconveniences.
My question is, what happens if...
Alexander Timberlake
Filing for Homestead of 1st property - Houston, TX
Hello,I recently bought my primary residence located in Houston, TX (Harris county) in February, 2016. I would like to claim this property as my homestead. I have learned that there are two main advantages:1. I can wr...
Jye Tan
If I could pick your brains about how you collect rent
I'm a software developer looking to develop a suite of solutions for landlords with a smaller portfolio. I'm trying to learn how landlords collect rent in general and to basically understand how it's done across diffe...