Samantha M.
Linoleum Flooring and Laminate Countertops Pricing
What is a conservative for laminate countertops and linoleum flooring? I was walking through with a contractor at a potential property where our exit strategy would be a rental. The prices he quoted me seemed high.
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James Syed
50% vs 2% Rule
Hi BP,
For a single family house that rents for $600 (all utilities paid by tenant), which rule is better 50% or 2%?
I just want to compare these two rules. I understand purchase price is determined af...
Matthew Bruzek
Temporary Mortgage Freeze?
Hello! This is my first post and is just a general question. My wife and I are considering selling our current property and moving into another, but as I’m sure many of you know, those events don’t always line up perf...
Mark Marino
BRRR Partnership Strategy
Hello, I'm just curious if anyone has had luck with structuring a partnership for BRRR investing, especially in the S.Texas area. I'm intrigued by the idea of utilizing BRRR but I'd prefer to partner with someone who...
Elisha Keller
Classes offered at Community Colleges
Hey Guys,
So my question of the day is: How does everyone feel about taking courses at local community colleges. The courses offered in my area are:
"How to Invest in Real Estate"-basic introduction inc...
Rumen Mladenov
Using HELOC for a hard money loan - tax implications?
Let's say someone takes money out of a HELOC at 8% and lends it out as a hard money loan at 12%. After the loan is paid off, a 1099 is sent to the hard money borrower and the IRS showing the interest received. How can...
Luke Mccandless
Appraisal fee seems really high
My family is being charged $3300 for an appraisal by the bank he is using ( This is for a commercial 11 unit mixed use property in Spokane Wa.) - This seems really high to me ?
Deanna S.
What is the reserve requirement for a nonrecourse loan?
Hello BP experts. We are negotiating an offer for a property (a duplex) and will be using a nonrecourse loan for the financing. Does anyone know what the IRS requirements or guidelines are for required reserves when...
Paul Vasquez
Need help with renting out 1st home & purchasing 2nd home
Hello,I need advice with renting out the home I currently live in & purchasing a 2nd home to live in.Current home: single family home, 3 bedrooms & 2 full baths on 1.5 acres, purchased new in 2005 for $157,000...
William Horsey
Looking for first property in the Tucson, AZ area.
Looking to invest in my first property in the Tucson, AZ area. Anyone with additional insight to the Tucson, AZ market? Is this a good place to start with less than $100k to invest?