As the title suggests, I'm a newbie: late 20's with a family and a SFH that was once my residence but now being rented. I'm in the early "learn-absorb-network" stage of investing, scouting a first real deal. I'm looki...
2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?Second question. After you Rent an...
Hey BP! Just seeing who else is doing mid term rentals in Tucson AZ! Myself and a few other investors I know have a handful here but I want to keep getting to know others doing the same thing and share notes about wha...
I work for a home improvement company in the summer and I drive home heating oil trucks in the winter. They are both stable gigs and I make between 50-60 K a year. I am trying to prequalify for a loan and was just tol...
We purchased a property that we rehabbed in the last 3 months and are looking to refinance to get out of our 10.5% hard money loan. The property was purchased through a LLC so a conventional loan isn't an option for u...
Hello BP community,I am waiting with anticipation to see if my investment property turns out to be the unicorn that I have I been chasing after... the magical BRRR-R! I live and invest in Williamsburg, Virginia. Las...
Hey BP,So I started reading the VA Home Lenders handbook since it's kind of required that I know that as being a loan officer and all as well as catering to military families,I found some interesting stuff. I actually...
I'm analyzing a potential househack and am curious if it would be better to rent out the additional rooms on AirBNB and the other STR platforms than just renting the rooms to long termThe house is a 3bed/2bath Bungalo...
I hope you enjoyed your Holiday season,I'm working a deal for a triplex, the unit cost 32.5k, needs 45k in repairs. The ARV should be 150k-160k. I should be closing before the end of the year. I'm using hard money for...
I'm new to RE rental investment. We are finishing up some renovations on a house with an in-law on Cape Cod. Our plan is to rent each of the 3 bedrooms
of the main house as mid terms and the in-law as a long term ...