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Results (10000)
Alex D. Renting out of state without PM
7 October 2016 | 9 replies

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 ...

John B. Do most long distance investors see the property in person before buying?
21 March 2023 | 12 replies

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...

Steve Q. Tax Implications of Living in one of Your Units
11 February 2020 | 2 replies

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...

John McCoy Bank statement/proof of funds
30 August 2021 | 9 replies

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?

Rogelio Nunez Tenant Eviction vs Notice To Vacate
12 November 2018 | 4 replies

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...

Jonathan Puerta Question about the refinance part of the brrrr strategy
28 August 2019 | 5 replies

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...

Daniel Colon Newbie: Creative Financing
16 September 2019 | 1 reply

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...

Turner Monroe Tax on mortgage interest payments using BRRR
15 November 2016 | 5 replies

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...

Colleen F. under rehab -when to list?
28 August 2013 | 4 replies

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 ...

Tyler Blessing Good idea to start in real estate despite current circumstances?
1 April 2020 | 2 replies

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...