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This may date me as my kids say I am too old school but since 2007 I have always had rent due on the 1st but not late if received by the 5th I am having more and more tenants, especially college aged, asking me if I d...
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BP Team,I am trying to buy my first investment property with the intent to use the BRRRR method, but I am seeing if its possible to use that method with out purchasing the property all cash. I was planning on putting ...
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If we could prove a MLS listing has positive cash flow already, would we be able to obtain a conventional loan with no money down or a smaller percentage down payment?
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I have owned rentals for 4 years now. I never took the depreciation!!! If I go back and amend my tax returns for 2014, 2015, 2016 would that EXPOSE me more to an audit? I stand to get back an additional $2,000 per ye...
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I'm just starting out and would be incredibly appreciative of feedback on something I am a tad confused about. I have a primary residence with a fully paid off mortgage (I am very grateful for this but at the same tim...
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Hello All!I am looking for some advice on how to discuss a mortgage that an owner is going to leave in his name as i buy the property "subject to". The owner is looking for payment relief as the $1200 payment is @ a v...
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After reading the great threads for online rent payments, I decided to try sparkrent. But it looks like it's invitation only. I emailed them last night but haven't received a response.
Can someone send me an invite...
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Hello all! I was speaking to an investor I met regarding the BRRRR strategy I was planning to do a propert I just picked up and he mentioned he does this process with a slight difference, he doesnt refinance!?!?!?! Af...
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I am a 30 y.o. Mathematics teacher in Hudson County, NJ and I currently rent an apartment with my wife (also a Math teacher). We were blessed to have a little baby to enter our lives early this year. During this pande...
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I am considering the purchase of an SFR that is currently leased to a section 8 tenant and was wondering if there were any specific lenders or programs that I should be looking into for financing beyond traditional me...