Hi BP,I recently met with the mortgage broker I used to finance my duplex with an FHA loan and asked if I qualified for another FHA because I just got married and also have a step daughter now. He said he thought they...
The BRRRR model is a real estate investing strategy that stands for "Buy, Rehab, Rent, Refinance, Repeat." It's a way to build a portfolio of rental properties and generate passive income in any economy, and it can be...
Looking at a property to flip looks like a sweet deal...this will be my first flip with my spouse and we have difference of opinion on renovations.Is there any members out there that work with their significant other ...
I'm a newbie here, but I thought that everyone might get a kick out of sharing their goals/dreams for the coming year. It has been my experience that simply announcing one's goals makes them more tangible and increas...
Question: Has anyone been able to take advantage of the Federal Solar Tax Credit for investment flip properties?The most commonly implemented solar tax credit (Section 25D) for residential, primary residence, is simpl...
Hi all. I have found a property I like on an auction site. Bidding starts at 40k and increases 10k each bid. The most I’d pay for the house is 50k. Should I be the first bidder at 40k and hope no one else bids? Shoul...
Hello BP Landlord Community/ Legal Team,I have a housekeeping question for y'all. I do university rentals to athletes at a school that I have a few connections to. Anyways, it came time for yearly rent increases (3%) ...
Hi everyone,
I was wondering if their is a math for land appreciation? For example, empty lots in my area are selling for 10k. Ive been buying and building houses on the lots but I was wondering if I started accumul...
Hi everyone, I am brand new to this and I am wanting to start a business fixing and flipping houses. My question is, what is the best type of business for this? Is it something as simple as an LLC or something else? I...
We have a MTR that we received a zoning notice on from the city. They believed we were operating a STR. We are considering a STR option for this property for the summer months due to its proximity to the beach. The sn...