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I couldn't fit the entire post in the title but in essence I have been using this trick to qualify applicantsThis applies to applicants that are in a situation where their current landlord is selling their homeSometim...
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Hey guys!
New to the forum; but serious about it.
Hopefully I can get some guidance and I didn't mess up too bad.
I'm 21 years old, live in NC.
I recently bought a town home about 2 weeks ago thinking of turnin...
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Just musing ahead 10 years or so.With states now mandating the phase out of Gas/Deisel cars How are MF owners going to attract and keep tenants that will now have EV's in the next 10 to 20 years ? Of course home owne...
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BP Community -Will you all help me double check my math and my assumptions on my current annual ROE? I own 3 properties with the following bar napkin financials:Current Market Value: $1,215,000Current Total Loans: $59...
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Hey BP Here is a current situation I need some advice on.Currently have 45k in liquid cash, and 60k on a HELOC. On the debt side I have a 9k car loan, and 7.5k on a zero interest credit card. Should I pay off the deb...
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Wife and I are interested in creating a multifamily property, either through creation of an in-law suite, or maybe just building a nicer MFR property from the ground up for a house hack opportunity.Location agnostic a...
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Buying 60 single family homes for 2 million with a combined appraisal of all properties adding up to 4.5 million. seller is showing an NOI of 290k. Found a bank that will lend 2.3 million with no money down giving b...
Hi. So I have a question about asset protection. Here's the backstory: A few years ago a friend passed away from pancreatic cancer. From the time he was diagnosed until the time he died was a little over 1-month. He p...
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Hi all,
Just want to reach out to the BP community to see if there are any good books our articles that will give me a good birds eye view of what is possible as far as tax write offs as I am a new landlord/RE inve...
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As many of you know, I buy at foreclosure sales here in my county of TX. They occur in every county on the first tue of each month. This week I went to the Hidalgo county sale and purchased 2 sfrs. That is not the sto...