My wife and I are diving into the idea of vacation rentals for the long term. Basically, acquiring a good number to be there for retirement. We are fortunate enough to not "need" income from these properties right now...
Hello BP Community,This is my first post, so be gentle. My question is one of general strategy. Given the following choices which do you think is the smarter option for a 1st time home owner with REI aspirations.Opt...
Hi all, I have a mid-range rental that currently has 12x12 ceramic tiles in the kitchen, which is about 12x14 in size. The problem is the house is about 100 years old, and the floor underneath the tile has several pro...
I purchased a property @ $210,000 and after it's said and done, could probably sell for just under $400K w/$25K in fix up costs. The problem is, if it is sold in less than a year, I get hit hard with taxes. I know i...
Hi! My husband and I were first-time buyers and just closed on our house a few weeks ago in Virginia. Since we moved in, we have found numerous undisclosed/concealed defects in the home (e.g. gap between slab foundati...
I'm hunting for a local bank to refinance the balance I have on my HELOC and 401K that I used to purchase my 1st rental property and renovate it. The estimated market value is $165K and I have $130K outstanding betwee...
Hello everyone,I recently purchased a property that I am going to househack then rent out after a year or two of living there. It has a kitchen in an area of the home where there's no attic access. The kitchen feature...
Is anyone using Joe Crump's Automarketer that would be willing to have a 10 minutes phone call?
Hey everyone,I am looking at duplex this afternoon being sold by a guy who was living in the 1st floor unit and renting out the top unit (house hack). In 2016 the door to the top unit was kicked in by the DEA busting...
Hello All,I have a single family home in CA where I reduced the rent by $175.00 a month in exchange for landscaping services from the tenant. As I switched tenants within one day, I have little, but I believe suffici...