Lets say I spend all my money on the down payment for a multifamily rental home. How would I afford another down payment for when I buy another multifamily? Would I save up my income from tenants? That would take YEAR...
Ok so I feel kind of lost. My wife and I live in Raleigh, NC and own a townhome. With about 60,000 in equity. It would make a great rental for a would be first time landlord. We would probably make 250 a month on it. ...
HAPPY FRIDAY BP Fam!!! I'm wrapping up with renovating my 1st investment property in New Castle, DE. My contractor was going to install the vinyl plank flooring, but called today to let me know that there was water ...
I moved from ohio to FL about 5 years ago and rented my old house out in ohio. First tenants were good no issues, second ones are a nightmare. I have a strict no pets policy, I know they have atleast 2, also have one ...
Hello BP!!I am a rookie investor and looking to purchase my first property, through my local REIA group, I found a rock star real estate agent (we will call her Pam). Problem is, Pam is really busy and doesn't want t...
Here's what I don't understand about the BRRR strategy. I purchased a house for $100,000 a couple years ago with 20% down, and now it is worth about $180,000. After all expenses it has positive cash flow of about $100...
Hi,I'm analyzing a multi-family property (5+) units but less than 10 units in Washington DC. The property is under rent control and I'm wondering what strategies I should consider in acquiring this property. The owner...
So i am hearing from a CPA that because my wife and I make over 150k per year, that I cant really take advantage of tax losses from my rental property. I can carry them forward, but it doesn't reduce my actual gross i...
Hey Everyone! My name is Tyler Edmister. I've done a few fix and flips and have decided I want to focus on multifamily properties in Columbus. I'm here to network and learn. I joined a mentor group earlier this sum...
I think becoming the bank presents an opportunity for me but also to help people.Currently I have a tenant who has some credit challenges, they have occupied my property almost 5yrs with no missed payments, no headach...