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Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks
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I need advice on my recent trouble I’m having with a wholesaler.
As I am new to REI, I moved quickly on what seemed to be a good deal in Ladson, SC, that was being marketed by a wholesaler who, over the phone, seeme...
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I am a new landlord and have tenants that pay rent on time. They always call me right away when things need to be fixed. Over I believe the are good tenants. They take care of inside of the house that I can tell. The ...
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My current tenant is moving out August the 30th and I am seeking a new tenant beginning the month of September and I have a few questions.1. What are some red flags I should lookout for in a potential tenant?2. I post...
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Hey BP Nation! I wanted to get your 2 cents on whether or not you felt it is beneficial to have received a college degree (preferably financing) in your investing career? I believe college degrees are great for people...
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We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
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So, I get a hit from a motivated seller from Lithonia, GA. The property is a 1,300 sqft. 3 bd 2 ba SFR with a community HOA. After nearly 10 years, they decided to enforce a policy that stipulates, that the propertie...
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I have a daughter in college with a 4yr tuition bill that will total $120,000 plus. So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total ...
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Hello everybody!I'm new here and this is my first post so I'm hoping I'm posting in the right category! I'm currently 20 years old and pursuing my degree in Business, and lately all I've been thinking about is investi...