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Hello BP,I'm new to this so my apologies if this is a dumb question. I'm looking to get involved in REI in the Seattle / Tacoma area. I've been researching house hacking and doing the 4 square analysis on a number of ...
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We currently own three investment properties (SFR) and looking to expand that by at least 4 this year. We have always held it to be a good business practice to not raise rent on current tenants when the renew their l...
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I have a duplex I own free and clear, and just need some additional money to finish rehab. I want short-term money, 6 months max, loan amt $50K, with property as collateral. I just had it appraised, and that came in a...
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Was driving around looking for properties and came a cross a house that had fire damage the roof is pretty much gone. Id like to approach the owner on this property but know nothing about dealing with fire damage. Any...
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I am looking for a new CPA firm to help with tax strategy and planning for my REI. Has anyone used Tom Wheelwrights firm ProVision? Please let me know what you think of them?
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Norfolk.
Purchase price: $427,000
Cash invested: $100,000
Snapshot Metrics:
1% Rule = 1.34%
Purchase Price: $427000
Estimat...
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We live in Cranston and have an empty small lot attached to our home. Whats the process of building an in-law unit? Is the permit as big of a deal as building new home? What ball park construction cost should we be th...
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My name is ryan and I live in Maryland between DC and Baltimore. I spent 15 years as a contractor and am now a carpenter by trade, so I am well versed in all phases of remodeling and managing rehabs. I hope this wil...
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I live in a state with a stay-at-home order. I had a tenant move out recently at the end of their lease early March. Unfortunately, there is plenty of repair work to be done and I had lined up several contractors ov...
Should I take advantage of the no penalty for pulling money out of my 401k? I want to buy my second house and I was thinking about pulling out about $25k out of my 401k to use for my down payment and closing cost. I a...