Cj Thompson
I need some guidance about reserve money
My goal is cash flow and earn $100k per year from rent. Assuming $200 per door after setting aside all expenses conservatively. I'm actually trying to look ahead and plan how much I can save for new deals over time. M...
Jason Collins
Residential to commercial conversion
Hi Everyone,This is my first post on BP forums. I am a physician in southwest Florida with several small vacation rentals as well as a duplex. We just had our offer accepted on a residential property with just over 4 ...
Diran Deukmajian
Tenant Asking For Cameras
I recently purchased and rented out a new build townhome and after 2 months, the tenant is asking me if she can added a few cameras around the property and change out the brand new Ring doorbell. She wants to pay for ...
Zachary Negron
Warning signs when touring a property!!!!
When touring an investment property, what is one thing you look out for that if you see it you immediately WALK AWAY?
Whitney Grogan-Purry
How to get financed for a Converted Mobile home
I have a mobile home that has been converted to Real Property. Completed remodeled and is up for sale. ISSUE is someone wants to use FHA loan and since it was built 1973 their lender will not do it. Everything was rem...
Eric Barnett
Travel, M&E Deductions
Has anyone had problems with deducting travel expenses associated with looking at real estate properties in distant areas? I'm reading "Tax Free Wealth" right now and am curious if anyone has implemented the strategy...
Kim Abney
Seeking Hard Money Investment
I purchased a 16 unit distressed multi family complex, in rural Alabama. I am investing a significant amount of money to rehab the complex. A local bank approved 2/3 of the funds required to rehab the complex. Howeve...
Jude Cineas
Downside of Real Estate investing
Real estate investing can be a profitable venture, but it also comes with its own set of downsides. Here are some of the common downfalls of real estate investing:
Initial Costs: Investing in real estate requires sig...
Joshua Voigt
Hitting a DTI wall with house hacking. Is DSCR refinancing an option
My wife and I own a SFH and a duplex, both house hacks. We currently live in one unit of the duplex and rent out the other. We have 2 years of reported rental income on tax returns for both properties. We are moving f...
Melinda Ching
Washer and Dryer behind Egress door??
Hi BP community,
We are working on a multifamily we just purchased and trying to plan where to install laundry machines. Currently the 3 unit does NOT have any laundry hookups. Our thought was to place them in a comm...