Robert Decraene
New OOS RE Investor from Oceanside, CA
Greetings BP family! My name is Robert Decraene (Rob) and I've been living in Oceanside, CA for the last 2 years; however, I've lived in southern California most of my life. I am also a family man with a 2 year old da...
Kate McClinton
Looking for a Second Opinion from Tax Pros
I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting. Thanks so much for your time!We purchased a house, listed it for ...
Andrew Medici
Super cheap multifamily problems
Hey everyone!
So I have a small issue. I found a good deal. essentially an 8 unit apartment building near pittsburgh. I can buy it for about 40k and it will take about 40 or 45 in repairs to bring it to where I want ...
Ayodeji Kuponiyi
Can I buy investment properties now or wait until I bought a personal residence?
Helllo fellow BP members!I'm looking to invest in Philly universities area and potentially Buffalo, NY however, my wife and I are currently looking to buy a home as our personal residence. Should we wait until we have...
Andrew Faukner
Crowdfunding and taxes
Let me know if have this right. If I use a crowdfunding company like Reality Shares, or Groundfloor, and I receive interest in 6 months, it is considered ordinary income for taxes. Or, if I receive the interest after ...
Krystin Aversa
Lender is Against FHA Loans
Hi BP Members! I am currently looking to purchase investment property, and have been pre-approved with the credit union of which I am also a member. The loan package has a very favorable interest rate as well as addit...
Ray Jansma
ARM mortgage financing then cash-out refi?
I want to get into the BRRR strategy. What's the best way to finance your original mortgage on a a property? With an ARM rate if I plan on cash out refinancing anyways within a year? That way I can save on the intere...
Carlos Rovira
Virtual Assistant for a Property Management Company in Miami
Hello, I am currently looking to hire a virtual assistant to help with my property management company in Miami, FL. Any recommendations on the best platforms to search on are welcome, as well as any tips on how to cho...
Brad Babiak
Smoke Detector Recommendations
I recently attended a landlord training put on by the city of Cincinnati. I found out the proper code for smoke alarms is inside each bedroom, within 5 feet on the outside of each bedroom, kitchen, laundry room, and ...
Brian Knox
Would you risk it?
Would you risk:
Living in SC while having 2 rental properties in MN (one of which was previously your residence)?
Vacancy being my main fear: PITI on 1st = $375, PITI on 2nd = $825
1st Rental cash flows nicely and s...