Hey all,First time poster and home buyer here. I've recently gone into escrow on a 3 bedroom 2 bathroom condo that I'm hoping to rent out a room or two to help out with mortgage payments. My only issue here is that I ...
Hello BP family. I am a newbie in REI from Dallas Texas. My goal is specifically rental property investment. I closed on my first rental property (SFH) 12/19/19. I made this deal with little or no knowledge in REI (ba...
I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices. Here are the top 10 I observe: Not following Federally and State mandated lead...
I'm curious if anyone has had any experience working with hard money lenders that offer non-doc loans for rehabs?
I have had no verifable income since 2004 but do have have a sizeable amount of money in the bank (50k...
Hey BP,Feel free to scroll down to the Important Part.I am a realtor in the Greater Philadelphia area. My goal/aim is to work with investors for two reasons. First, I am a finance guy, recent Drexel University graduat...
Quick question to the Tax pros out there. I am considering resurficing my rental garage floor with Plyurea and was wondering if this can be expensed or is this an improvement that needs to be depreciated? I suspect ...
Hi,
I'm been trying to understand the area of Self Directed IRA / 401ks
for the past few months (albeit in an on and off manner, I've read
several IRS publications on the subject).
I then ran into this Forum today a...
Hi All,I am a new investor currently living in West Los Angeles area. Since graduating from college in the midwest, I have been working professionally for a handful of years now as an engineer. I've read the books and...
The glitch of REFI seams to be the most common problem in multifamily BRRR.
Imagine obtaining hard money and then not being able to pull out the equity from a repositioned project! Or grossly overestimating the After...
Hi Everyone! First off, thanks for making this such a great community. It's humbling how many knowledgeable, supportive, and generally rad people there are on here!I just moved to the area from N Idaho; I'm an RN in t...