Hey BP!I did a little research but it was a little difficult to come up with consise steps or others experience so I wanted to ask!Let me provide background! I purchased my first primary exactly a year ago. I had the ...
Hello, just finished David Greene's "long distance real estate investing" book. Do most of you when buying anything from 3-10 units physically go see the property if its out of state? What do I know the inspector wont...
Help me out here please, smart people!
Is there a tax savings to live in one of your own units vs renting your primary residence somewhere else and renting out all your units?
Scenario with fake round numbers: 3 Uni...
Hello, so I am still fairly new to wholesaling in Detroit and I need some advice on what to do when a seller asking for proof of funds/bank statements when I do not have the money?
Hello everyone,
So I just closed on my first rental property a duplex on Nov 2nd...9 days ago.
During the inspection I met the tenant in Unit 2, they are on a month to month lease and have been living in the un...
I'm not sure if I'm understanding why people refinance in the brrrr strategy. It seems to me that if I refinance I'll get cash but I'll lose my cashflow. Say my mortgage is 1000 I rent it for 1500 I'm cash flowing 500...
Hi! Thanks for taking the time to read my post and any advice is greatly appreciated!
My wife and I are newbie investors in Southern California. We are looking into investing by buying Single and Multi-Family Residen...
I love the idea of the BRRR strategy, but there's one thing I can't figure out. Don't you lose the ability to tax deduct interest payments on the mortgage after the "Refinace" part of the strategy. Since the loan wasn...
One of my rentals is relatively new purchase and needed significant rehab when we purchased it. How done would you make it before you list it? We painted it in and out. Currently redoing floors, didn't want to but ...
Like the title suggests, is it a good idea to get my first property with the current circumstances? My only fear is due to people losing jobs, not having cash, etc. That they will not be able to pay rent. I am very ne...