Good Morning BP Family,I decided to take action on a four-plex property here in the Dallas-Fort Worth area without being pre-approved. This is an off market deal, that the owner is asking $500k for. I don’t qualify f...
How is late fee calculated.
Lease states:
Rent due 1st of the month. If rent not received by 3rd, a initial late fee $75 will be charged. additional $25/day thereafter for until rent and late charges are paid in fu...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $73,000
Cash invested: $64,000
My first BRRRR had all kinds of surprises and unexpected twists and turns. I thought...
Tried to cash out with ally bank and they asked for 2 years salary proof. Is this a standard requirement from banks or are there others with less strict requirements of say a few months income proof?
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $235,000
Cash invested: $35,000
Duplex purchase in appreciating neighborhood of Franklin Park. T...
Hello BP Community,I'm looking for some input on the best strategy for deploying capital over the next 3 months. So far, I've purchased higher-end properties in Florida and had good success (that was not my initial s...
Hello,My name is Antonio and I live in Greater Houston, specifically the Katy Area. I am a former City Planner in training and practice. I currently work in right of way for a pipeline company. I obtained my Texas Rea...
Hey everyone! FNG here. My name is Billy Amberg, originally hailing from the self-proclaimed hottest place on earth, Columbia, SC, I moved to Charlotte, NC with my wife and dog during the summer of 2015. I have bee...
Investment Info:
Retail commercial investment in Hagerstown.
Purchase price: $750,000
This purchase is two separate properties in Hagerstown. One is a restaurant plus a residential apartment on the uppe...
are there any max limit on mortgage interest, property tax etc, which would stop you from getting tax deductions on rental properties you own ?in other words say you own in your name (not llc):primary residence : mo...