Wil Cooper
House hacking and taxes
Hey everyone,I’m purchasing a duplex in Portland, OR with an FHA. Property here is quite expensive, but even with PMI and a high mortgage the payment after rent comes in will be less than renting in most cases. Anyway...
Jeff Castro
Questions about financing strategy
Hello BP!I own a home that I would like to turn into an air bnb. I believe I can make 1.5x what i pay in mortgage for extra cashflow.Goal is to buy a 2nd home or investment home that I can live in for about a year and...
Scott Williams
Investing in SW Michigan vs NW Indiana
Good morning all! Looking for thoughts on holding SFH rentals in SW MI vs NW IN. MI seems to have higher property tax and less landlord friendly laws, is property insurance higher as well? Are there other factors that...
Jodi Taylor
Building a Team in Melrose Park, IL
Hi all! I just had my first offer ever accepted on a 4-unit building in Melrose Park, IL over the weekend! I'm currently working with my real estate agent to close the deal (hopefully). I'll be using this building as ...
Isabel Peraza
Rental income and capital gains under new tax law
I am currently making about $350,000 of rental income profit per year. I am a full time, licensed realtor. Will be selling two properties that may generate about $700,000 of profit. Being that I am a full time, licens...
Miles Stanley
Foundation and Plumbing - Fix one or both??
So I have house under contract that I plan to fix and rent out.Has foundation issues (center of slab is the 'high point" and as you move toward the perimeter, the slab drop increases...so the edges have sunken over ti...
Jonathan Johnson
Does More Units = Smaller Cap Rate?
Hello BP,I was wondering when looking at larger apartment buildings and neighborhoods, when you get to 100+ units does the cap rate go down? I just looked at a 200+ unit apartment area for sale with a 7.5% cap rate, b...
Dennis P.
How to choose a market to invest?
Hello everyone,I am wondering how does one choose a market (US) to invest? For example, if one is looking for a quad to house hack with a perspective on commercial property. How does one find a market that will be gro...
Nazanin Boojar
Housing price increase in Florida
I just realized that the housing growth was insane in Florida this year. I feel wasted. If I invested in the market, I’d get a 38% return on my investment. 🤯 Is this for real?
Levi Thomet
Single family buy and hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $342,000
Cash invested: $90,000
Sale price: $649,000
This was a buy-and-hold investment I purchased when 18 wit...