Hello all, Requesting some advice for my next purchase. I'm 31 years old with two properties that already cash flow very well. I'm ready to go with purchasing a third property but when analyzing properties, it seems d...
Hello all,I'm new to the game, and have been listening to the podcast and doing online research to educate myself enough to get started. I'm very concerned with getting analysis paralysis, so I make sure to at least l...
I am assuming many folks on the forum take advantage of tax-advantaged accounts and thus they have to manage what "buckets" to fund when trying to grow their money. Defined contribution plans are pretty popular for t...
Yesterday I was signing my closing papers for a refi on my primary and my mortgage broker mentioned that Fannie Mae has just changed their rules about 2 years minimum to count rental income. He said they are now coun...
Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
I would appreciate some collective thoughts concerning my proposed business model. At times it help me to get clarification if I feel I'm getting too close to the trees not to see the forest properly so to speak. So...
Hello BP community, My name is Christian Barra and I have a nice BRRR poject. I bought a property on cash, repaired it successfully and rented it for 7 months now. At this point, I want to refinance it to get my funds...
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, and Repeat, is a real estate investment strategy that involves a series of steps to maximize returns on investment. Here are reasons why investors may ...
Here's my situation. I've currently only have two SFH, but plan to add a couple more this year. I've essentially only been doing this for a year, and things have been accumulating such as mowers, snowblowers, floori...
Tenant moved out of our 5 bedroom rental house last end of July. Have owned this property 11 years and was our primary residence until 5 years ago when we started renting it out.
Market for selling has picked...