Nick Dunin
So much info, where do I even start?
Hi guys,
Im new to all this. I've been reading these forums the last few days and I think I'm more confused now than before I started. So many acronyms and topics discussed that I have no basic understanding to kno...
P M
Fully Leased Duplex in Up-and-Coming Area
I drove through an up-and-coming area of a city nearby yesterday, and found a FSBO duplex with the owner asking $70,000.
One side rents for $515 and the other rents for $450. Roof has been redone recently, and new l...
Emily Shirk
Can I rent out my primary residence?
Hi,My husband and I are currently renting a SFR in San Jose because of his new job but we are looking to buy our first home in Southern Orange County (where we were prior to this job and where we plan to return in the...
Maya A.
Can someone clarify this paragraph about Lease Option please?
Hello BP community!Reading a book on Lease Options now and got stuck on this one example. Please help me understand what it means. Facts: Seller has a home worth $235,000 and will sell it to you for $225,000 on an 18-...
Conor Hussey
Four Family Investment: FHA vs. Conventional
Hi all! I am looking to make my first real estate investment in a four-family building. I am open to living in the property, if necessary, however, would prefer not to. With that said, I am aiming to limit the total d...
Brie Schmidt
Paying off loans - interest deduction vs income taxes
So I have seen a few posts recently with people saying it is not a good idea to work to pay off your loans quicker. The argument is that you will lose the interest deduction therefor will need to pay additional ta...
Bhavin Doshi
First time investor with 60K to invest, OOS vs Local?
I currently own a home in California and looking to invest for first time in a rental property. Although I have been told that managing a rental property close to where you live is a better choice, it is extremely una...
Anthony Franco
15/30 balloon mortage?
I'm looking into buying my first rental property, it will be a single family home. I talked with a local bank and their only option is a 15/30 balloon mortgage. It’s a 30 year amortization, but has a balloon payment a...
Robert Hall
Multi Family, Owner Occupant, and Taxes: Who owns it?
I'm currently looking into an owner occupied multi-family deal for my first purchase, which is very daunting to say the least.I'm doing my best to do all my due diligence - value cashflow based on local rentals,figuri...
Ryan Duncan
LLC vs Umbrella Policy
Hey everyone, I have a few rental properties and looking to add more to my portfolio. They are all owned personally and not under an LLC. I understand most of the pros/cons of having an LLC own my properties. Such as ...