We are looking at renting out our current home and buying a different house. Can we do that with no negative tax implications? Can we still get another house with the standard 5% down payment? Will this affect our abi...

I have an interesting situation and looking for advice. I have contacted my CPA but am still really confused as to the best option so here’s the story. I work as a licensed 1099 contractor in real estate. You can pre...

Good morning everyone!First time poster and newbie real estate investor here.  We currently have two single family STR in Michigan- we own one with my brother-in-law and his wife, and the other is owned by an LLC that...

Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...

Investment Info:

Single-family residence buy & hold investment in Ypsilanti.

Purchase price: $114,000

Cash invested: $4,500

Sale price: $142,000

Lived in the home for first 2 years of ownersh...

Hello.I've got a primary home 30yr loan at 3.95% of which $253k is left. $1272 PI, plus a 15yr HEL at $57k. $511 PI. Home is worth $420k so plenty of equity to refinance if we choose to.I have the opportunity for a pr...

Hi everyone! I bought an 8-plex in SW MN in April. I paid $175,000 for it. It was insured for $520,000, so I just stuck with that number for my policy too. Is that a reasonable number? Do I really need that much? It's...

Do you carry insurance of the house is paid off and no mortgage?

I've got several properties with the unique advantage of having my father, a 20 year veteran in the property management business, manage them . He works for a property management company that I pay a 10% management fe...

I'm currently using American Modern for my policies (Colorado and Indiana).  I have older homes (1913, 1920, 1940, etc.) and I've been told American Modern won't do a DP3 type policy on homes 80 years old or older.Ide...