Hi everyone,We purchased 4 short terms rentals this year and have increased our income quite a bit in 2021. We have been considering looking into the option of doing a cost segregation study for tax benefit purposes.I...
My wife and I are in the process of purchasing our first investment property. It is a SFH with a separate in-law suite that we are planning on renting out on Air B&B or to a long term tenant. We are amidst the bi...
Hi, my lender is quoting 11.8k in closing costs on a 106k conventional loan for a property in Baltimore County. This is just for closing costs + prepaids, excludes discount points. It seems insanely high. Does this s...
Dear BP,
Thanks to you, I've got my first deal in the making. The seller and I have signed contracts for a 1 year lease option, and I will be assigning the deal to a tenant buyer. The non-refundable option p...
Hello BP!Here's my situation, any advice or assistance would help tremendously. Thank you! So I've been investing in tenant occupied SFH for just short of 10 years; I took a 2 year hiatus due to a job change and lack ...
Doing a deal right now that’s going to be structured as a lease option. I know the contracts for a lease option are a bit different than standard purchase and sales agreement contracts. How do I wholesale a lease opti...
Hey Lenders,I currently own 17 doors in Little rock and surrounding areas and i have about $530k in equity at current market price factoring in the appreciation at a sale price of $1.5 million and the loans are 5/20 a...
Hey fellow BP members I am a newbie here and to REI. While I have been interested in real estate for quite some time now, just recently have I started educating myself. I live in Los Angeles (gasp) and obviously I don...
Hello! I've been utilizing Wheelhouse for market analytics and insights, but I find it lacking in the depth required for our needs. Could you share which analytical tools you employ and might suggest? I'm in search of...
Hello BP,Does anyone have a recommendation for a foundation repair company in the DFW area? I have heard horror stories about getting ripped off by these companies. The property is actually in Denton. I also need so...