While listening to a Guru selling dreams, I heard something that really caught my interest. Here is the situation described:1. Investor X has 5 rental houses that he has acquired over the last 15 years and is ready ...
Hi, I adapted Brandon's spreadsheet into a different format. Please check it out and let me know if there are any mistakes in the calculations or modeling.
My goal is to use it to evaluate foreclosure deals and to d...
Hey All,First off, happy holidays to everyone! I am going into my first new construction project. Plans are under review and I've hit the fork in the road where its time to pick a contractor and pick a bank to lend on...
I want to start this post regardless of answers; I know I need to consult with an accountant. I am trying to understand the 121 exemption. My wife and I have owned our primary residence for over two years. We are abou...
Hey BP!
Quick math/thought process question - I'm under contract on a $118k SFR. My lender says if I put 20% down, I'll pay 0.5 points for a 3.875% rate, and if I put 25% down, I'll pay 0 points for a 3.5% rate. Math...
Hi Hive,I'm looking to understand and educate myself more about how capital gains work. I have a property that I bought almost 5 years ago and I lived in it for 2years but in order to avoid the capital gains I feel I ...
Inherited a tenant whos lIttle dog barks at every little sound. Old landlord allowed pet but worried new tenant will complain. Not sure if dog is a service dog. Can I rewrite month to month lease to exclude pets? Wha...
Hi BP Community- happy holidays! Was wondering if people could help clarify how to estimate the appraisal value of a multi-unit? I am looking at a 12 unit complex and I understand that it's potential income minus expe...
My brother owns a home with a pool. They want to turn it into a rental . He is afraid of the liability that comes with an in ground pool. What are his options? Can you safely rent out a house and have proper insurance...
Hello BP world! Its been awhile... Quick Question here..HistoryI bought my first house for $328k with VA home loan no money down with a 3.5 interest rate. It appraised for $340k with zero rehab done. I have sunk $50k ...