Melanie Rodriguez
Cash-Out or Home Equity Loan?
Hello!
I am looking for some advice as to which course I should take: Cash-out refinance or home equity loan?
Home value: $400,000Mortgage balance: $51,000
Interest rate: 6.125% - Fixed. 30yr.
Monthly paym...
Keeka Balaram
Convert 4-unit condo to townhouse in KY?
I currently own a "condo" in Kentucky which is part of a building with 4 units, each with separate entrances and back patios. The maintenance of the exterior is horrible, especially for the outrageous HOA fee. The ext...
David JeNaye
I'm not a rat
Hello BP,
First of all, I would like to thank BP for helping me save my money on Marco.
I have checked out most of the programs I see around for RE out today and pretty much all get smashed here on BP. ...
Steven Barr
How much of your cash flow should you live off of?
How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
James W.
What happens to those who make over $450k? What changes are you making?
For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...
Taoufik K.
Cost to renovate an apartment in Boston
Hi folks,I would like to get a rough idea of how much would it cost to renovate an apartment in a triple in decker dorchester excluding electrical and plumbing. We talking new kitchen, bathroom, hardwood floors and dr...
Derek Cantrelle
Risk when owning older property
I still live in my first home that purchased around 4 years ago, and have since then remolded around 80% of it including a new roof, added central a/c and heat, among many other updates throughout. The house is about ...
David Smith
Rehab cost --> tax deduction + loss
How to calculate rehab cost and report it?Say, you bought a property for $100K and rehab costs $50K, no income. can you report loss of -$50K ? plus deductions from tax, utilities?
Juan Rodriguez
Property management?
hey I'm looking to in the future buy and rent a property my question is for someone new to this would anyone recommend managment company? What are the pros and cons of these company's? Thanks ahead of time!
Huthaifa Afanah
What is more consuming part of Landlording?
Hi all,I would like to hear from you what is the most time consuming part of your Landlording activities through your experience?