Since this Superbowl is super boring this year, I decided to analyze some properties for practice. I'm looking to purchase a residential MF and live in one of the units using a VA loan this year. I'm focusing on 3 and...
Hi BP,I would like to better understand the details of the Second Home Rider for Freddie-backed mortgages. It reads:If we're talking about a house that has 2 floors, but is not officially a duplex, would I be permitte...
Hello All, I have a client asking if they could buy a portfolio of 5 properties (at a "packaged deal" rate) and sell off two of them to recoup some of the initial down money needed to buy them. I haven't done anything...
Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...
Hi Everyone,Last night I went to a real estate invest presentation.I responded to an ad on Craig’s list and was invited to a presentation. The presenter was really entertaining, he went over the company (Renatus), off...
I bought a portion of a commercial property (I own 5100 sq ft detached building while the original owner owns 16550 in 5/2017. At closing, I received a credit for pro rata estimated property taxes for 2017. Harris cou...
I am getting ready to have a roof replaced ($8,500) and the estimate list materials and labor separately. I know the roof would be a capital improvement but it got me think that labor isn't a depreciating asset. That ...
I recently purchased a house at the court house steps in Baldwin county Alabama. I purchased it with a 50% partner. After we sell the house can I put my portion of the money into a 1031 exchange for the next deal? and...
I am very confused, I have been with a property manager for about 2 years. The property is in South Bend, Indiana. I am a very passive landlord, in fact too passive and trust me my lesson has been learned. I had a ...
Hi all, brand new to the forum and to BP. Heard about it a long time ago but got more interested from @Scott Trench's recent appearance on the Money Guy podcast. I have no previous rental business experience, although...