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Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...
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I am currently looking at various opportunities to invest in notes. As a newbie, I don't have a standard due diligence list to send as part of providing offers. Here is what I would think to ask for:
Copy of note a...
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2% - 50% rule Question
Hi folks, I have heard this rule this week for the first time (THANKS) and have been reading all the forum posts I can find about how it is used to screen etc. Will bevery helpful in convinci...
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Hey guys, I am a new REI looking to invest in my first out of state investment property. Been on the BP forums for a few months trying to grasp as much as I can and over a year now doing daily research about real...
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Hi BP,So I know that the jist of the 1041 exchange is that you can keep deferring your capital gains tax when selling properties and buying new ones. I also know I've heard that if you live in a property for 2 of the ...
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I've been considering hiring an accountant to handle the accounting for my short-term rental properties. For those of you that have hired an accountant, was it worth it? Also when looking for someone to handle my book...
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Hi! I have a fully paid off 3 bed, 3 bath property from an inheritance that is my primary residence. It is a single unit in a duplex complex in South Boston and I collect rent from 3 tenants that live with me that gen...
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Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...
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I wanted to provide an overview of how to more accurately estimate remodeling/repair costs on a property that has no interior access, by using 3D modeling. This would be property that is currently occupied, out of sta...
We just got our first mobile home deal, and are looking for some guidance on working out the logistics of doing mobile home repairs. We are to instruct Contractors/handymen that we solicit to NOT include costs of ...