Nathan Spradlin
Purchased/rehabbed Mobile home and its not renting
I purchased a property last year with a single mobile home on it along with two empty lots beside it. We rehabbed the mobile home and hired a property management company to rent it out and manage it but it is not rent...
Dan Shoemaker
Set Aside for Taxes?
Gang,
I have a rental property I am planning to sell. I'm expecting to clear between $38k and $45k. I have owned it for over two years. What percentage should I be setting aside for tax purposes?
Tom Mickley
My first Bank Owned Flip
Investment Info:
Single-family residence fix & flip investment in Canton.
Purchase price: $170,000
Cash invested: $9,000
Sale price: $235,000
Bank owned. I purchased and went in 50/50 with m...
Thomas W.
What tools do you use to identify a "good location"?
When I look at an investment rental property I want to make sure it's in a good area so I use crime heat maps and look at the attractions nearby. What tools do you all use to identify if a property is in a "good area"...
Haley Thornton
Market Research Resources
What are some good sources you use to pull market data? Below are specific information I am interested in. Thanks!- Demographics- Income level - Communities with HOA
Jacob Rich
What to do with our money?
My wife and I are looking at options for what to do with some money we have saved up. So me and my wife have ~$60000 in student loans. We take home $40-45000 a year. We have saved up $~24000. Do we use that money to p...
Tristan Romero
Getting Loan for first multifamily property to house hack
What is the typical down payment requirement for a duplex that I would be living in? I have called multiple banks and there have been no offers to use an FHA loan on a multi unit property. And the minimum downpayment ...
Michael Craig
When to Refinance on a Duplex
I am currently house hacking in a live-in flip duplex. The downstairs unit is completely renovated and generating market level income. The upstairs unit, where I currently live, is being renovated. At the current reno...
Dane Moore
First Rental Property Advice
What are best practices you recommend for someone starting with their first rental property? Should the tenant payments and mortgage payments be run through a separate bank account than my primary personal account? Ho...
Terrell D.
Possible election tax implications?
Hey BP Family! I have a question that I think can be helpful to many. With the results of the election what implications can this have regarding taxes and real estate? Additionally what are some sources you would rec...