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I read the following article and was amazed at the "pulse" of the renting market. It is encouraging as I believe that eventually this will result in more first time homebuyers that are fed up with paying the level of...
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I'm new to REI and thinking of buying a 2 unit duplex. I was wondering, should I use the 50% rule when analyzing a duplex as well as a SFR, or should the 50% rule be modified for a duplex?
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I've tried to figure this out and I don't have a good idea of how this might work. I'm thinking of buying a property with my significant other and I can't help but think we might end up splitting in the future. If we ...
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When buying a fourplex that has one water heater and one meter for electricity. What's the best approach, should we put in separate meters? How to address one water heater? Thanks in advance for feedback.
Hi everyone, My question today is about mortgages. What formula would you need to calculate the yearly cost of financing for a flip? Would you just multiply the amount financed by the interest rate? Please help me, t...
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I am doing a gut reno on a 2 family house in Newark. The tenants will be responsible for their own heat and electricity. There is a shared hallway. I was not planning to heat the hallways as that cost will fall on ...
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I've been exploring the data about the relative affordability of buying or renting in various counties from Attom Data. Do you think it's better to invest in a place where it's more affordable to buy or do you think i...
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Do you know if it is possible to have a tax deduction for interest/profits earned on promissory notes/PML? Like a K1. A Trust is in place. Thanks!
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I have two scenarios I’d love some advice on. 1. I have a home I purchased 14 months ago for 475k. Someone made an offer I could not refuse for $725k. I owe 225k on the property. We close in 17 days. I was curious i...
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I am in need of some advice. I recently came across a deal the below deal and want to get some advice from members of BP to find out if you would do the deal or not:Home is already occupied and has a dream family in t...