Daniel Chihuaque
Resources, Starting out, and overall tips
What's the advice you would give to a 17 yr old who wants to pursue Real Estate?
Account Closed
Converting Primary Residence into Rental
Hello,
My husband and I have wanted to invest in real estate for years now and recently made the decision to purchase a new home while converting our primary residence into a rental. Since we are both 100% disabled v...
Eric H.
Cash and check gifts cause financing problems?
I just got married and have a couple grand worth of cash and a couple checks from people as wedding gifts.
I would like to get financing within the next 6 months or so for a rental property and was wondering if these...
Brandon Montgomery
Does your first rental really save you on taxes?
With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income? I just purchased my first property and plan to BRRR it so it will have 20k or so worth of r...
Lorenzo Dudley
How much should I renovate while house hacking?
My wife and I purchased our first home and we are planning on house hacking it is a 5 bed room 2 bath we plan on renting out the top 3 bed rooms and live in the basement the upstairs is rent ready but my wife and I ar...
John Hua
Section 121 question
Hi all, Me and my wife live in our SFH full time for the past year. In the upcoming year, we are getting roommates to help with expenses while continuing occupying as primary residence. We have ~400k in gains after im...
Clark Coffey
Screening Question - Requiring all applicants to meet min FICO
Hello all, first time poster and relatively inexperienced single unit landlord. I’m out here in California and I want to make sure everything I do on my screening process is 100% above board in every way. I’m so conce...
Bryant Mortimer
What are High Net Worth Individuals And Why They Continue to Buy
According to Forbes, the U.S. has the most High Net Worth Individuals in the world. A High Net Worth Individual (HNWI) is generally accepted as person who has $1,000,000 or more in liquid assets. A liquid asset is mon...
Prashant Sharma
Looking for advice on a neighborhood on Orlando
Hello BP members,I'm looking to purchase a rental property in the Mills 50 area also know as Colonialtown North area of downtown Orlando, Florida. Anyone who is familiar with the neighborhood can you please share your...
Gerd Conner
New Guy From Texas
Howdy Y'all!!Was doing some Googling today and found this forum. Looks to be a good one!I 'live' in Spring, Tx., but work internationally in the oil field. Been working away for about 10 years now. I'm almost ready...