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Let's get all of the stereotypes out of the way. Yes, owning affordable/low income housing is more challenging than your typical A or B class property, you will experience more repairs, turnover and maintenance. How...
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I'm purchasing a property with a partner and this is our first deal together. What are your suggestions/experiences with opening an account? Should we have one together? How does this work come tax time?
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I just finished the rehab of my first BRRRR and am screening/selecting tenants. A young engaged couple applied and completed credit and background check on my cozy listing, but only her information was there because h...
I am 20 years old, currently working in a hair salon making decent money but just starting out. My income looks small, but my tips make up for it big time. How do I get approved for a loan on a house when my income "L...
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There is a lot of back and forth on the wholesaling subject here.. as for whatever reason folks seem to think wholesaling is a beginner occupation.And while its talked about extensively it relates back to how we thoug...
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Hello All!I want to start by thanking everyone who takes the time to respond to my post. This is a great community of investors and your assistance is always appreciated. I'll try to keep it short. I started investi...
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BP is a great site w/ lots of information and resources out there. However, no matter how great of a job everyone does here, there will always be those looking to take advantage of others. I am not going to say if i...
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This is my first full year as a rental property owner, and I am doing my own taxes. I received a 1099-MISC from my property manager showing the expected amount in Box 1 for rental income, and about $1200 in Box 3, "...
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I'm a REI newbie from Alpharetta area and am active looking for an opportunity to get into REI.My goal is to start out with buying 1 Apt/Condo in Atlanta metro area and then scale further in coming years. My wife (IT ...
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Good morning BP members. I am new to BP and have been reading a LOT of really great posts, articles and books. I have bought and sold three rental properties as well as two personal homes over the past 15 years. I ha...