Choosing to pay utilities seems antithetical to most advice I've heard, but hear me out.My husband and I just bought our first investment property. I am a nurse, he is a surgical resident. As the one with more free ti...
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I have recently bought 1 property, and am in the process of buying the second one. The first home collected rent December 1, and I earned 500 over what I owe. My second property should make 700 each month. My plan ...
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Hey BP Family,I saw a 4plex on the market and figured I'd run it through the BP Tool, but not sure if I'm doing this correctly as it came out to be a negative COC and would not cashflow until year 5. This may be too m...
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I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cas...
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Hello! Tax question from a new real estate investor. Right now, I have a side business making 100k/year and two rental properties I bought this year that cash flow about $800/month. If I deduct all my actual expenses,...
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Hello friends , hope all is well during these wild times.I’ll try to keep it short . When I started I refinance all 8 of my properties . I would pay cash then 6 months later refi .Now, however I have cash flow and mon...
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Hello Experts - I am ready to purchase my first single-family home this year. I have one roommate willing to pay half the mortgage, so I am trying to figure out how to structure my deal. My plan is to use a first-time...
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Hello,Does anyone have any experience for reducing rent when a lease is coming to an end? In our area the last 3 years rent has increased immensely, like a lot of areas. However there is a huge flood of new Apartments...
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At what point in your RE Investing journey did you hire a CPA to do your taxes? At one rental? At ten rentals? After creating a business? Trying to determine how much longer I should do my own taxes. Thanks!
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I'd like to apply for a home loan so I can purchase a property in Dallas TX that I'll rent out. I own a small IT Consultancy business in MD and have a good credit score. However, I've been self-employed since 2010. Fr...