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How to Flip a House Using Project ManagersThe Pros and Cons of Hiring a GC to Do Your House FlipsIn an ideal world, hiring a general contractor (or “GC”) to do all your rehab work is the best possible way to go when y...
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My brother just bought his first rental and we had a few questions regarding contractors, getting bids, and the best practices for a big rehab. (Big for us equals = full kitchen rehab, full bathroom rehab and laundry ...
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When doing a cash flow analysis of a proposed rental property, does everyone use 50% of gross rents as the properties operating expenses. Though it makes practical sense, it sure cuts down on the amount of rentals th...
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Hi, this is my first post and I am in the process of owning my first property! I am being given a family property that is a single-family home with no debt on the home. I live out of state and will be using this as a...
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I read many places about investors using HELOC on primary residency to buy investment property. Here is my question. The interest on investment loan is a valid expense that you can take out from your income for tax pu...
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Hey BP -I’m looking for some capital gains tax advice as I try to convince a seller to owner finance a multi unit property. From a tax benefit standpoint for the seller, is it more beneficial for him to sell at a lowe...
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Any suggestions for a first investment on rental property? What to look for? Best ways to maximize your returns?
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Hello all. I plan to rent out my extra bedroom for extra money. I downloaded the BP lease agreement. Do you have any tips or resources recommended for getting up and running for a newbie landlord for just a room rental?
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-22 years old
-$50,000 pre tax income from business this year
-80k in savings
-30k in investments
-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make...
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Hey all.
Looking for advice on my first investment property but I don't know the best option to choose in DFW.- Pre approved conventional loan for 600k / 15% down / 6.2% interest- I have 50k total to deploy- looking...