Full disclosure, I am a 24 year old untraditional undergraduate student at a Texas state college. I work full-time and go to school full-time majoring in Statistics. Sadly, I still live at home with the parents. I've ...
This is my first post on here. I have been wanting to get into real estate for years now and have been researching a lot more lately. I am very interested in 4 plex's and similar rentals and just found out about the B...
My wife and I are looking to buy a new home or lot and have a new home built. I found a new construction home in a subdivision that is in the final close out. One is the national home builders. They have 7 lots left a...
What would you guys do? I own my personal home in Fort Worth, travel to houston 4 days of the week. I am currently in due diligence with my first rental property in Houston, close in October hopefully. Would one consi...
I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit? (this is in...
Looking for some insight and any angles I may be missing. I have 5 properties with financing. I owe ~475K between them and the interest rates vary from 4.35 to 4.75%
I am trying to work out if I would be bettrer of...
I'm a newbie. I have $20k set aside. My original plan was to use it to pay off debt. Then I decided to get serious about real estate investing, found bigger pockets and learned a little about leveraging money.So for...
Hey BP Family,
Working with my Realtor right now to win my first bid (after 7 failed attempts) on a first time home. This property is in a great area for me in North Arlington (great schools, stones throw away from a...
Ok, I purchased a home earlier this year. I got an fha loan and I borrowed 10,000 extra dollars for repairs. On my taxes can I claim the extra 10,000 dollars or just the purchase price of the home? If I claim the e...
I'm planning on doing a rehab project from a distance. This may mean a combination of buying materials for the job myself and having a contractor buy materials.Any tips on setting up a project in such a way so that an...