Hi all,I am just getting started and am ready to get some properties under my belt. I am a little unsure of what direction I want to head. Could you please tell me the pro's and cons of flipping vs. renting? How to...
Hello BP!I am about to close on my second MFR. I have some questions as I am pulling a LOC on the properties etc.I have already located a local bank willing to take a second on my current properties. Hopefully will ...
I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...
Hello,I'm 47 yrs young and need some advice on what to do in terms of my student loan, investing and savings. I had 62,000 in student loan debt and now only have 30,000 plus $400 in credit card. I have no retirement s...
Hi everyone. New here. I’m excited to have found a forum to connect with like minded people. So far I only own a townhome in Billings, MT, but my husband and I are looking to rent it out and purchase something else wi...
Good afternoon BP community,
I'm not sure if I'm allowed to ask this on here on BP. What are some trusted sources y'all use for tapes?
I'm getting ready to buy my first NPN here soon. I've accumulated a few source...
Looking for people that are interested in the similar things - crushing the real estate market, max leveraging, accumulating properties, wealth, and helping others every step of the way. Me - this is what I do, and I ...
Background: I have a rental property that I self-manage with great tenants that is recently remodeled. I personally lived in this property for 3 years, and the tenants have been there for almost a year. I’m keeping...
Hi BP community!I’d like to preface this by saying I currently have no investment properties, just a curious future investor!I’ve done a lot of research lately about Hard Money lenders. I know they can be incredibly r...
Hello - I purchased a town home in 1996. I lived there for 10 yrs and rented for the next ten. Tenants moved out in November. In the last ten yrs. I was able to take a Line a credit on the home and complete 2 flips...