Michael King
Tax Question for Commercial Line of Credit
I'm back again with another tax question for the CPAs here. I'm under contract for a 4 plex for $320K. I don't have the 20% downpayment, so the bank is financing me a $100K commercial line of credit against a rental t...
Everett Yano
Homeowner's Insurance for SFR Househack renting 3 rooms
Hello BP,I bought a SFR 4 Bed 4 Bath in California that I plan to owner-occupy while renting out the 3 remaining rooms. I am currently looking for a Homeowner's Insurance policy. A common exclusion to coverage is rent...
Ray Jhala
Retaining wall failure - Looking for creative solutions!
Hello Everyone!I've got a failing retaining wall and I'm looking for some suggestions on what I can do the remedy it! In its current state its a bit of a liability and safety hazard for tenants however I am wondering ...
Tom Conant
Is it worth the cost to make a 2/1 into a 2/2?
My wife and I just moved into a house on a 1/2 acre lot in Fresno with large detached 3 car garage with a kitchen and bathroom on the back of the property. My goal is to convert it to an 1100 sqft second house (which...
JT Spangler
Replacing galzanized plumbing?
Got a 2/2 cottage under contract, and the inspector reports that the water pressure and drainage is not great because of the original galvanized pipes. This isn't a job I've tackled before, so my questions are:(1) Wha...
Jordan Moorhead
South Austin Duplex Househack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Austin.
Purchase price: $500,000
I just closed on my next Househack in South Austin! This 3/2 and 2/1 duplex was listed at $52...
Rob Roth
Philadelphia St. Joes rental
Hi everyone,I am in the midst of purchasing a property near St. Joes University in Philadelphia. I have had such a difficult time estimating rents i the area I thought I would see if anyone has any idea on rent per fo...
Tandi H.
Very specific cleaning questions
We have an Airbnb, it's a small, basic 1-bed studio on our property, and has been doing great since we started last year. Guests are mostly singles and a few couples. We do allow pets with approval.I often have rand...
Jim Land
How should I structure this deal? 10 units for a first time deal.
Been doing lots of research for last 6 months. Wanting to get into buy and hold. Have a local guy who does a ton of investing deals I’ve been talking to. Owns a management company, they’ve been doing great things l...
Wale Lawal
FIX & FLIP |HOUSTON, TX | AUG 2020 - DEC 2020
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $34,000
Cash invested: $70,000
Sale price: $142,000
Completed a full rehab at a 3 Bed/1.5 Bath Single Family...