John Graves
Looking for some insight
Hey BP readers, thanks in advance for your time. I know how valuable it is, which is why I’m perusing this route in the first place!! I’ll list my situation and my questions. Basically I already know what di...
Matt Dickens
Strengthening Your File Before Pre-Approval
What's up BP!
Many people have asked me what they need to do to get approved for a loan. There are a bunch of ways to help prove yourself to a Lender, but staying healthy in these four categories will put you in t...
Mike Adams
PPP 2 - Are you applying?
Just received notice from my bank that they are accepting new apps for PPP 2. I am up in the air on applying or not. The 1st PPP helped a lot with our self-storage employees, but we're okay right now. I am also concer...
Jim Peckey
Requesting help with screening our first tenant!
Hi BP,
As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...
Dominic Daoust
Deciding which OOS market
Looking to finally get started with investing after a couple years of soaking in as much as I could about Real estate. Having a hard time deciding where to invest most likely using the BRRRR strategy. How did you pick...
Marcus Auerbach
20% deduction for rental income!
This came out this morning from the National Association of Realtors!Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges The Internal Revenue Service has issued final rules on t...
Sundar Krish
I heard that one can only buy up to 4 homes with financing, is this true?
I have one owner occupied home and one rental home. I intend to buy and invest in more rental properties, but I heard that a person can get financing for only up to 4 homes. First of all, is this true? I was also told...
Bianca G.
How can you put your 401 K to work
Hello BP FamilyCan please someone explain me. If you would like to use the money saved up in your 401K. to buy a buy and hold how does that work?Any help will be greatly appreciated.ThanksBianca
Taylor Robertson
Should I allow neighbor's daughter to rent my property?
Just closed on my first deal last week-- a duplex househack. I was planning on starting to advertise for the vacancy this week and have it available within a few weeks. I was moving in over the weekend and the next do...
Alex Yakubovich
STR for SFH: Does it make sense?
Hello everyone,
I have some questions about STR (Short-Term Rentals) and would greatly appreciate your help. Let's consider the Seattle Metropolitan area; an SFH (Single Family Home) would cost around $1M, and the ta...