Hello again,I am managing a rental apartment property in California. The property is somewhat run-down i.e. In need of paint and landscaping. The landlord has been charging approximately a much lower rent than that o...
Hi BP community,Does gifting money reduce your taxable income? I know the limit is $15,000 for tax free gift, but does it reduce the gifter's income for that year? Say you make $90,000 and you want to find someway to ...
Hi everyone,I am planning on purchasing another home to househack and I would like to build an ADU ASAP after closing on the house. I've read that with the homestyle loan, an ADU can be built and the funds from the ho...
They called me at 6am but I didn’t get it until hours later. They Went to Home Depot and spent $15 fixing the hose. I told them to take it off their rent. They said don’t worry about it. Plus their their time and mile...
Hello All,
I have just begun my search for a MF property to house hack in upstate New York (Capital Region - Albany Metro). My goal is twofold, to gain experience as a RE investor / property mangement, and reduce li...
Hi All, First time posting and new listener on the podcast. 7 months ago, I purchased a multi-family home. I live in one unit and rent the other 3. I'm able to live for free and I'm at 1% rule after renovations. Final...
Straight to it:First method is “stacking” and it’s gradual. First you buy a duplex, and then a quad, and then an 8-plex, and so on.
Joint Venturing - It won't be easy to sign on the loan when you are starting withou...
The August 2024 report from the Austin Board of REALTORS® shows housing prices in Austin and the greater metro have been fairly stable over the past 12 months. However, now that we’re heading into fall, we can see tha...
I recently inherited and sold a vacant strip of land for $300k. I do not have any other assets and I do not own a home at this time (I rent). I am hoping to capitalize on a 1031 Exchange and thinking of buying an apar...
I am new to Texas and looking to start my real estate investing journey. I have read some books and have been hanging out here to get educated. As the markets have run-up in the last few years and because of high prop...