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Just moved to Park City, UT. My fella and I bought our first place, a townhome, 8 months ago. We want to buy a neighboring place to keep as a vacation rental or long term rental. It’s $380k. To my surprise, our real e...
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Hi BP world, if my wife and I are diligently saving around 1/2 of our paycheck for 20% down SFH deals (total of seven is the goal- two down, five to go), we may find ourselves low on personal reserves from time to tim...
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Hi BPer,For those with self directed IRA experience, can you explain what is the UDFI (Unrelated Debt Financed Income Tax) impact on real estate investment using self directed IRA?Thanks,-Chan-
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Hi everyone, I am fairly new to real estate investing. I am from a small town and have family that invests in rental property, but on a very small scale. Currently I have one rental that cash flows about $6500/year th...
Our section 8 tenant had a death in the family, and unable to pay this month's tenant portion. As a new investor, I wanted to begin prepping for what to expect going forward. We did issue a letter (reminder) of paymen...
Hello and thank you in advance,New to the website! I recently purchased a house where I plan on adding a home addition. This is my first time building a new structure so I asked a GC to help. The request for the GC wa...
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I found a FSBO and am preparing to make an offer. Asking price is $65k and I have $40-45k cash available to put into it. Question is, how do I finance this? I would love to put 50% down and get a 10 year mortgage f...
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I just graduated college in May and started work at a new job. My fiancé and I were able to buy a foreclosed house in Hanover, PA in April for $135k that needed about $10k-15k worth of work. We bought it with convent...
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http://www.forbes.com/sites/kathycaprino/2014/02/22/how-millennials-can-better-prepare-for-todays-workforce-10-critical-steps/print/
In the spirit of We Buy Houses model, would you hire a millennial?
Ar...
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What should I look for in a roofer other than the standard contractor “licensed, bonded, insured”? What’s a reasonable price for Seattle or other HCOL markets? I have 4 layers of roof. Over read J Scott’s estimating r...