My property manager in Michigan let me know today our tenant is breaking the lease early due to a move out of state. Background, this is for a 4 bedroom 2 bath house, nice yard in a nice neighborhood. The property ...
Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would...
Hi everyone, just wanted share another short sale story (maybe I should say saga, lol). This is for my personal residency and not an investment property.
First I am sure many of you are aware that OneWest Bank has t...
Hi all,
I am a wanna be investor in real estate living in the Metro Detroit area in Michigan. I've been on the REI sidelines for a few years now, reading books and internet articles. I recently moved to Michigan, and...
Hey BP,Newbie Investor in the process of finding a multi family property (duplex, triplex, quad) to move in and house hack and becoming a landlord for the first time. In my searching I noticed some of the propeties wi...
Good morning BP community!I'm looking to get started on my REI journey, and have been extremely pleased with how responsive all of the members of this forum have been. I've set up several meetings and plan to attend s...
As of Friday I along with @Zachary Sargent are officially homeowners (technically our LLC's are) of a 4 unit property in Englewood, Chicago. Everything happened so quickly, just 3 weeks ago we were finishing up getti...
Hi all! First time poster here, been lurking for a long time now.Little background: I am 25 yrs old and currently live in Austin, TX. I work as a civil engineer for developers working on master plan communities, comme...
Hello. I have been a landlord for a few years now and am running into an issue I have not come across before. I did the appropriate screening (background check, credit check, confirming with employer that they work th...
Hey guys,Can you apply bonus depreciation for a replacement property placed in service April 2019?So quick background, the relinquished property was bought in 2016. We held onto it for a few years a did a like kind ex...