Hi BP I recently heard a story about someone buying a 2 family with a 3.5% down FHA. After about 8 months they refinanced. They then took the money they cashed out from the refinance and used it as the 3.5% down with ...
Wondering if capital gains from a sale (and capital gains only) could be taken and rolled into a different property via 1031 exchange to avoid the tax hit. Or does one have to take all the proceeds and roll them into...
My brother and I plan to purchase a two bedroom condo in Utah. He plans to live in one of the rooms and rent out the other room. At times, he travels for months at a time so we may also Airbnb the condo out. Our plan ...
I'm just curious what everyone is doing with snow removal. Is there a certain depth of snowfall that you wait for to pay/DIY snow removal or do you do it regardless? For example half an inch in Chicago like 20% of p...
Is there a rule of thumb to estimate property insurance on a multi family without going to a broker/agent? I'm in Cleveland, Ohio if it makes a difference. There has to be a way to some kind of ballpark estimate.
Hello, I want to get started in real estate, I've decided that I want to get into the rental property side, my goal is to eventually build up a big enough portfolio to earn enough cashflow to live off of that. Ive got...
I've done enough direct mail marketing to know that the list you mail to is THE most important ingredient to a successful campaign, the message is second. So far, my DM success is in the ditch. I have access to a...
Hello! This is my first post on BP and I am so glad to have found a place to ask all of my RE questions and connect with those who share a similar interest. I am fairly new to RE but have had a long time interest in p...
Hey guys - i just bought my first house. Turns out the inspector missed the house foundation issue.. the house has a sinking foundation and I don’t wanna pay to fix it. 16.5k quote before leveling floors.. I paid 183k...
Having differences in opinion on sink placement in the brand new kitchen on a flip.1) Along the wall at a window facing neighbors house2) Spend the money to move window to facing the rear of house3) Sink and dishwashe...