The BRRRR method is a real estate investment strategy that stands for Buy, Rehab, Rent, Refinance, and Repeat. It's a systematic approach to building wealth through real estate by acquiring properties, improving them,...
I have a few paid off rental properties and I have a mortgage for my primary residence. I'm thinking to put $50K toward my mortgage to lower my payments a bit and save some money in the long run.Could you tell me plea...
Good morning everyone! I want to start by saying thank you to this amazing community! I really hope we can get some advice on our tax situation.In 2020, we only had 1 rental at the time, but an investor in the area wa...
Hi guys,My wife and I own two rental properties and are planning to acquire more, and have a question about the pros and cons of setting up an LLC esp from the tax and liabilities side. Here's our current situation:1....
Here's the situation. In Caldwell Idaho I have a single family home that I paid cash for back in 2019. I had a single renter from that time until now. the tenant is pack out the last of their items tomorrow. The va...
Hey BP,
I bought my first 2-family home (owner occupied) in August 2020 with a conventional loan. I am working on buying another multi-family (2-4 unit, owner occupied). I spoke to the lender I used to buy my current...
Hello,
I am very new to investing and would like some advice / insight. I purchased a SFH earlier this year in all cash and wanted to do a cash out refi so that I could used the proceeds to invest in other properties...
Hi BP community,
I'm a brand new investor in the process of completing my first purchase of a single family rental. I am leveraging a HELOC on my primary home to fund the 25% down payment for the investment property....
Hi. My wife and I are in escrow on a duplex in our city. We are both 30 and currently we both work full-time W2 jobs. I am considered a high earner and in the top tax bracket currently. Our plan is to move her to part...
I am looking for some opinions. I have 9 SFH properties, each paid for. I have found another rental house that I would like to purchase and have an unused equity line on one of the other rental properties that will ...