Buying a flipped home can be risky for several reasons:
1. Quality of Work:Flippers often focus on cosmetic improvements to make the home more appealing quickly. They might cut corners on essential structural or syst...
Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
Hi everyone! I've been listening to the podcast and doing some REI reading for the past few years, but I think it's finally time for me to make a move. I'm excited to finally be joining the community!I lived in Ohio f...
**This will be post 1/2. I will post an update w/pictures and final numbers after refinance**
Please read and let me know what you think of the deal!
I'm a 26 y/o full time law student in the DMV area who graduates ...
I bought a duplex in a city and it has a 1,000 sq ft metal shop on one side. It's insulated, concrete floor, full bathroom, garage door, utility sink, heater. It's in a great location for our city but its basically i...
Hey there, I'm a somewhat new investor looking to pickup my second buy and hold property. I've just gone under contract on a duplex that fits my criteria and is in generally good shape. I spoke with my inspector who...
Hi BP,First-time investor, new to BP.I've been searching for a Duplex/Triplex to be my first RE investment in Los Angeles. My plan is to purchase as Owner-Occupant (FHA), rehab and add the max number of ADUs, bring re...
Hello, I have a three-level townhome in Annandale, VA. I move next year, military duty, and I am considering whether I should sell or mid-term rent. My monthly PITI is 3071. Long-term rent would not cash flow.
The h...
We are currently in a nightmare with code enforcement. A tenant's drain got clogged and caused sewage to back out in one room. They called code enforcement on the property. I don't know why they think that was necessa...
Hello,Seeking guidance......I will do my best to give as much detail and keep it short. All wisdom will be greatly appreciated.Current situation:Househacking for 3yrs - 2 unit property with 80k equity and 720 in month...