Hello all, I'm looking for some advice. I have a unit in a duplex advertised at various websites and yesterday I had a lead emailed to me from one of the sites I use to advertise. When I called the person to talk with...
Hello fellow BPers,We currently own 3 investment properties and just assumed a VA loan after a lease to buy option with the seller for our current primary residence. That was kind of a nightmare but it finally is all ...
Ok, so I have put in a contract on a 4-unit all with 2 bedrooms and 1 bath in Washington, d.c. and I am very excited. There are currently two tenants in the building and I am requesting the rent roll from the last twe...
Hello Everyone, My wife and I are purchasing our first investment property (4-plex) that has a few minor repairs that are needed. However, due to us not having great funds to start out we need to do a 3.5% FHA lo...
Hello all! I was sent here by a property investor that said this would be a great place to start gaining knowledge. I’m a Navy veteran residing in San Diego and want to put my VA loan to good use/ get into investing i...
So, this hasn't happened to me yet, but I am curious.With the advent of the passage of laws in various states allowing for the medicinal use of marijuana, I'm wondering how this interfaces with landlords and their lea...
I recently closed on my first deal. Ah!! This was a huge milestone for me and something I worked really hard to achieve. I used a combination of Air BNB, a rent to own contract, and some creativity to get it closed. H...
Hi Everyone, It turns out the house I own is in an economic opportunity zone. It was purchased in 2004. What are the tax implications? Thank you!
So I've built this excel document that does rough calculations of 2% test, Cap Rate and CoCROI and while I'm pulling most of the numbers from sources I can find (realizing they are not exact, but in the ballpark), the...
Hey BP family, I am in the process of filling out loan applications to get pre-approved for my first duplex investment that I will be living in, out here in Portland, OR.I wanted to get a different perspective from ot...