Philip L.
Refinancing 16 to a 30 year mortgage
I currently have a mortgage that was a 30 year but now only has 16 years left.I no longer live in the property and I am going to be renting it out as a rent to own.To improve cash flow I am looking to refinance the pr...
Nina Singh
How to approach a condo conversion for 2-unit new construction
I'm new to the BP community and excited to be here! I owe a 8500 sq ft lot in West Menlo Park. I plan to tear down the existing structure and build a duplex using a modular builder. I'm having trouble understanding th...
Preston Quinn
Is anyone in the central Virginia area?
Hey guys, I have been searching for properties here in Cental VA for quite some time now. Haven’t had much luck lately. I am starting to look about an hour away. Is anyone investing in central VA. I’d like to connect ...
Victoria Stone
Can new flooring over badly stained carpet be considered a repair
My accountant says that if the carpet is badly stained, replacing it with new flooring might be considered a repair. Is this true? The carpet has also been torn up in one small patch. Other than that, it is just ve...
Jakub Bednarz
Inurance rates
When figuring out expanses, one thing that eats away most of my profits is insurance, but I assume pretty much same number for any size/year property: $1000/yr for homeowners insurance and $1000/yr for flood insurance...
Ben Magee
When is it worth it for an accessory apartment, ADU, cottage etc?
I am looking for alternative perspectives on what I am finding. I have read about the various ways to finance building some version of an Accessory Dwelling Unit (ADU) [basically a small guest house of some sort added...
Mark Harris
Housing cycle's effect on learning.
Hi All,I'm currently extremely hesitant to enter the RE game after having heard "it's a seller's market" multiple times. As a learning investor focused on cash-flow, I'd like to know how you all feel the market cycle ...
Kamal Sharma
Sacramento CA vs Bakersfield CA investment
Hi,I am planning to do a rental investment in 3bed/2bath SFH property somewhere in the price range of 250-300K.So far, I have narrowed down to Sacramento, CA and Bakersfield CA.From what I have gathered, Orangevale, R...
Andrew Anderson
First SFR closing Feb 13, help understanding LLC structure and taxes
Thanks for any advice!!Very excited to be purchasing my first SFR!, finally got over the analysis hurdle. Currently my atty has two LLCs in parallel one designed to be a holding company for the property and the secon...
Tony Blessings
Seeking Foundation specialist in Milwaukee
One of my units in Milwaukee has some drainage foundation issues(leaking) and i am looking for someone who has had similar challenges and who they used to fix the issue. Please share your experiences.Tony