Sarah Jones
Questions for Flippers
If i buy a house and want to cashout refi one year later, what kind of things can I rehab to make it worth 100k more?
- laminate flooring?
- new roof?
- remodel bathroom?
my rehab doesn't cost $100k to do only abou...
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Forum Suggestion/Addition
You know what I'd love to see, a forum section dedicated to nothing but community reviews of property management companies. Just like there is a Guru reviews forum, a place where we can get an unbiased perspective on ...
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10 Best Net Worth Trackers
Tracking your net worth as a real estate investor can help you make informed financial decisions. It will help you clearly understand your current financial position to see if you are reaching your goals. It can also ...
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How to go about purchasing a second property
Hey all, been a fly on the wall here for a little bit.like the title describes I’ve been living in my primary residence for a little over a year now. Purchased at 260k using VA loan. Refinanced to a 2.3 interest rate....
Hisashi N.
how to make $20K cash flow monthly
Hello BP members,I own 16 free & clear rentals(SFR, worth $1.3M)) here in Atlanta, GA - C Class suburb generating $10K/month before tax C/F (gross monthly rent $16k/mo).I am in early 50s and have a full time day j...
Matt Thielke
First Time House Hacking-Financing Question
Hi,I own a condo that I’d like to rent out. I’d like to buy a 2nd property and use that as my primary residence and then rent out my condo. When I apply with a bank to get qualified for the 2nd property I know I’ll ne...
Kevin Luttrell
Forced to take $25k passive activity loss deduction?
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
Ryan Hurd
Don't buy a house, just buy a four-plex
For anyone looking to buy their first piece of real estate, STOP (unless it is a four-plex with an FHA loan). I did this 2 years ago and it was the best financial move I have ever made. If you start buying other prope...
Zane Cress
Should I transition into Multi family property?
Looking for some outside opinions on my next move. Currently own 4 SFH and 4 condos. We operate Short and Midterm rentals with strong rent rolls and little vacancy with decent cashflow. Some units bring in $700/month ...
Dean I.
Made 17k On My Second Flip, After Lots of Bad Luck
1724 sf4 bed, 2 bath1 StoryNo GarageListed Price $66kOffer/Purchase Price $70kOriginal Estimated Renovation Cost $31kFinal Renovation Cost $36kARV $140,000Sold $143,000Closing Costs at Purchase $4,600 (including $1500...