Hello all! I have a rental property that has an ARM and a our current residence that has PMI. Question is do we pay down to get out of PMI or do we pay off the rental? PMI is about $90 and interest on rental is about ...

Hi everyone,I am wondering if there are guidelines for writing off Rental Property investment related expenses on taxes which were incurred before acquiring a rental property. I am looking to buy my first rental prope...

Hi Guys,

I have one more payment in December of this year and one of my rental properties will be paid off.

What things do I need to plan on in the future now that the property is paid off?

How will this affect m...

I recently hired one of my tenants in an apartment to work for me at the apartment complex, doing maintenance work. (He is a close friend - I do not recommend letting tenants work for you).

If he works in exchange fo...

Hi! BP people,
I was unable to find an answer for the following question. I own a Townhouse (no mortgage), which is being rented. I was wondering if I can do a HELOC ? I understand that banks ...

I apologize in advance if this is a stupid question.My understanding is that you can Refi a rental property and cash out on the increased equity/value with a new loan, and the proceeds are non-taxable.  The BRRR conce...

I bought my 1st deal (single fam home) in 05 and it's now paid off free and clear...however, i only did one flip since then and decided i'd throw my money away buying a furniture store right before the housing bust in...

I have a rental property that is completely paid off and owned free and clear. I am attempting to finance another property and am wondering if I can utilize the equity in my current rental without having to do a cash ...

Looking for advice on whether to pay off the mortgages on our rentals over the next 5 years or to pay off our primary home mortgage. Not sure if there are advantages to either option considering the new tax laws. The ...

Hello next year I will be buying my first rental property. I wanted to get your opinion on paying off your rental property mortgage one at a time before buying the next rental or not? The way my numbers will work out ...