Brendan Dekora
Low money down house hacking and/or BRRRR?
So grateful to have found this site and community! I have been reading and watching and listening to as much as I possibly can, and I'm just looking for advice on strategies for a newbie. Some background: I'm from LA....
Aaron Proctor
Don’t know what to do next
Ok so I feel kind of lost. My wife and I live in Raleigh, NC and own a townhome. With about 60,000 in equity. It would make a great rental for a would be first time landlord. We would probably make 250 a month on it. ...
Mamie Phillips
Terrified Newbie in Nashville, TN
I've really learned a lot reading these posts. Thanks to all for taking the time to share your knowledge.
I have a 450k house that I've lived in for a few years. I just bought another house (300k) and am go...
Nancy Lucca
Better to buy out of state and rent it out or buy a place for me?
I’m trying to decide if it’s better for me to buy something out of state and rent it out or is it better to buy a place for me to live in. I live in California and the rent goes up $100/a year for my 2 bedroom apartme...
Jason Merchey
The Definition of "Contingency Fund"
What do you all think the definition of a contingency fund is? I am the money partner on a major rehab project - my first. My business partner is an architect and is fairly knowledgeable about the market, which is...
Rob Suhai
Flood Insurance Lending Help
Hey BP Community, I need some advice/help with a little curve ball that was thrown my way with my first rental property. In October I purchased a duplex which I'm currently house-hacking. There is a brook which runs i...
Timothy Hood
Concerns about 1st Deal
Hello Everyone,I'm going to write an offer on a Fannie Mae REO condo marketed by HomePath.The property is 2bed/1bath unit listed at 45K. Another unit in the same building sold for 35K earlier this year so that's what...
Aaron Millis
1041 exchange question here
Hi BP,So I know that the jist of the 1041 exchange is that you can keep deferring your capital gains tax when selling properties and buying new ones. I also know I've heard that if you live in a property for 2 of the ...
Ben Booker
Exit Strategies - Capturing Appreciation on Primary Residence
Hi Everyone,Situation: Right now I am working in the San Fernando Valley (just north of Los Angeles) and living in Santa Clarita Valley (just north of San Fernando Valley). I own a 2b2b condo in Santa Clarita which I ...
David Lao
At what price point is it worth doing a Section 1031 exchange?
I live in CA and have owned several rentals in central PA for four years. It's in an area that is known to cash flow, but not appreciate due to a declining population. I've been thinking about selling a rental or two ...