Davion Smith
Starting out in Multifamily property investing
Hi Everyone,I recently separated from the military and was planning to use my VA home loan to start my investment journey. I started a job that took me overseas right after I left got out of the service. I was hoping ...
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
How to Allocate Land vs. Building Values for Investment Property
When buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the ...
Dan N.
DSCR Loans: Is it true they DON'T allow you to make ANY renovations?
Just got off the phone with a lender that was interviewed recently on Dave Meyers' podcast.Had some of the best terms I have come across so far for DSCR loans.BUTThey DO NOT allow you to do ANY renovations (maximum pa...
Jacob Anderson
Is it foolish to use a HELOC for a down payment on a rental property?
Hello, I'm looking for some advice. I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payme...
Daniel Loane
Filing taxes: when to expense vs capitalize for vacant rental property
Hi everyone,
I purchased my first rental property in June 2023, and it took until December to prepare it for tenants. I posted the listing on December 12, and my first tenant moved in on December 26th.
As I’m filing...
Solomon Oh
Notice of Sale (Auction) vs Notice of Sale (Lis Pendens)
HI BP Land-I am trying to bring in consistent cashflow from wholesale deals and am starting to really focus on the distressed properties. I've come across two types of properties one being an auction -Notice of Sale &...
Joseph D.
Escalation Clauses in contract offers
Hello all,I have a question about escalation clauses that I was hoping someone could shed light on. We live in an area with limited inventory right now. Houses are getting 15+ offers, 25-20k over asking (approx. 8%-10...
Old Pete
tax sales and irs liens
hi, does anyone have a plan for protecting themselves (if they invest in tax liens) from irs liens and other irs actions? thanks.
Alma G.
Drainage for flat roofs
I read that scuppers are easier to maintain and are a cheaper way to drain flat roofs versus gutters or interior drains. Would like input from anyone else who knows or have experience with flat roofs, pls.
Ricky Conti
How would you improve this backyard?
Hello BP!Seeking some suggestions on how to best update this backyard to improve the space and make it more functional. The elevation is lower than the house to the right which currently causes water to pool after rai...