There is a decent chance I will be moving from Northern California to the Erie area for school in August. I'm checking out campus in a few weeks if everything lines up. Since I have 7 months before my likely move I fi...
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The to be unnamed credit reporting agency is giving me grief about pulling a credit report on a creditor for a note I don't own (which is fair enough I suppose). It's my first, so what is the usual practice? Am I be...
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Current: No prepayment penalties on a 2nd home mortgage through two lenders we have spoken to at length.
Scenario: If we successfully flip 2-3 months after closing- pay the loan off completely and contact the same le...
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Hi! Math question here...
As my property cash flows and I build up a reserve of money, does the "money invested" part of the CoC equation change? Or does it always stay constant?
Scenario: I buy a property for cash....
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Hi everyone, thanks in advance for your time and advice!I will try to keep this first post short(er) and simple but may leave out important details as a result. Happy to expound more if necessary. We are somewhat igno...
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This post looks at a somewhat newer investment philosophy/methodology, one that a lot of investors (and homeowners) are contemplating or embracing as housing prices and scarcity push some buyers out of the higher-pric...
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Investing involves risks and rewards – and usually the higher the risk, the greater the potential for significant gains and losses of invested equity. Intuitively, we understand that it’s necessary to take more invest...
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Hi all, I need some advice as i am getting conflicting info from my CPA/agent/cost-seg companyI have 2 w2 jobs and 4 1099 jobs (all in same line of work). I will work close to 800-900hrs in 2021 in all that work combi...
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Hi everyone. I'm new to the BP community and am absolutely loving the exchange of information I've seen on the forums and blog posts. I've been consuming both podcasts and loving them as well.Here's my question: I hav...
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Hi BP world! I am looking to purchase my first residential multi-unit investment property, would prefer a tri-plex or 4-plex, but would be open to more units. I am located in the San Francisco Bay Area, and there is l...