Eric DeGray
Want to make improvements, but tenants schedule makes it hard.
I recently bought my first rental property. A 2 family home in Springfield MA area, and it came with 5 year tenants that do not plan to move anytime soon. My question is based on my desire to get into the units and be...
Wendell Hall
New tax law and $150,000 phase out on deductions
I’m wondering how the new tax law has affected buy and hold investors who phase out at the $150,000 W-2 max income for deductions. My wife and I own four properties in Washington, DC proper, and rehabbed one last year...
Romeo Sison
Help with a RE class question.
Which of the following is not an investment property?
A. Land
B. A 1-unit apartment complex
C. A mini-storage facility
D. An owner occupied residence
Christian Shappee
Arizona State University Fixer Upper
Investment Info:
Single-family residence fix & flip investment in Tempe.
Purchase price: $215,000
Cash invested: $25,000
Sale price: $357,000
This was my first fix & flip. Everything was ...
Alfie Park
Houston exurbs as attractive cash flow play?
Hi,I am considering investing in my first rental buy-and-hold property here in Houston. I live in the Houston suburbs so naturally started looking here first. With the market recovery, it seems most of the properties ...
Nathaniel J Mott
Helping a friend refinance?
I have a friend who was trying to BRRR a property in a rural part of NC. He bought the house for 8k and improved it to being worth probably about 30k after putting 15k in. He is cashflowing about $250/mo (rent is $500...
Ronald Rucker II
SINGLE FAMILY, DUPLEX, TRIPLEX $100K-$300K FOR JOINT APPLICANTS
Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
Ronald Rucker II
SINGLE FAMILY, DUPLEX, TRIPLEX $100K-$300K FOR JOINT APPLICANTS
Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
Christopher Duron
Cash out refi & mortgage interest
Hello Everyone,I am considering a cash out refinance and I came across an article that states I must utilize the money from the refi to improve the property or buy another property to ensure the mortgage interest is a...
Tim Ball
Advice for best DIY home repair books for landlords?
I have realized I have no idea on how to do basic home repairs, I would love to teach myself. Do any of you have good advice on DIY books or videos that you can direct me to? I would really appreciate it. This woul...