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Here's the background: I have an investment property under contract here in the DFW area, and we are actively looking for a primary residence as well. Both together might possibly put me over DTI restrictions. (I've...
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We are so excited by a potential opportunity we were just presented with but we are also new to this area need your advice and thoughts on things to watch out for!We have a great relationship with the builder of our o...
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In North Dakota, there is a measure that is trying to abolish property taxes and I was just curious as to what everybody's thoughts are regarding this topic.
Im against against it because its a very poorly worded me...
Lets say you get a house under contract and you have equitable rights but none of your buyers are interested. And does this happen often?
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My strategy for this year (2023) is to:
1. Buy two 500k multifamily units (or one 1m multifamily unit) - ideally they break even.
2. Cost segregate both properties and generate close to ~150k in passive losses, ~...
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My wife and I are at a crossroads. We were referred to a real estate agent by our lender back in March. He was super hands on back then and my wife and I had yet to sign anything. Come May, we put an offer on a duplex...
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Hello BP,I read someone's investing strategy on a blog post recently, and I found it quite interesting. They rent out apartments, houses and condos, and turn them into AirBnB's. They make a profit off of the rental in...
I own a 5 bedroom 3&1/2 bath house with a finished basement. I’m hoping to live in the basement and rent out the top 2 floors. How should I split utilities, HOA, ect?Can I limit the rental to not include the backy...
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Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
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I just paid of my house this morning and that's the last thing I owe to anyone.I'm 41 now and own my house free and clear. I've been in REI now for a little over 2 years (wholesale & rehab/fix&flip). I still h...