Scott Menzie
Rent hacking: suggestions on negotiating sub let option in lease
Greetings to all my fellow BP members.I've decided I need to bootstrap myself into real estate investing, and the first step is likely to be rent hacking a single family house. One aspect I'm likely to face is negotia...
Blake Singleton
ADVICE?!: 19 yr old, spotting “deals” in REI & getting started?
I’m currently a first year college student majoring in applied science for Mechatronics Engineering. I’ve always been an aspiring entrepreneur and have had experiences with starting up small businesses for lawn care ...
Account Closed
Rent per room? Is it possible?
If i have a house with 6 rooms and 5 bathrooms ( its not a multifamily) can i rent every room like if it was a multifamily?(If not) why?
Nick Sorensen
newbie in the multi family house hacking investing
Hi everyone, my spouse/partner and I are newbies to the real estate investing and bigger pocket world. we currently live in and are looking to invest in and near Matamoras, PA. We would like to introduce ourselves ...
Kyle Longacre
Client in 1041 looking for $4M multi-family purchase
Hello,I have a client about to enter into the dreaded 45 day 1041 and I need to find a profitable investment, ideally almost turn key and low headache. I’ve mostly checked out Cleveland and Vegas but he may want to st...
Edward Kuk
Can a B area cashflow today? (Chicago)
Hi BP,I currently live in Chicago and focusing on small multi-family units (2-4 units) in the surrounding areas. I'm pretty new to this and currently focusing on 1) identifying the area I'm interested in 2) understand...
AS Chow
Condo Hotel Questions
Hello BP ! I'm a lifelong renter in Northern California. Am about to retire with a huge inheritance. Only about half the money will be Cap Gains free though because it was part of an Estate and Taxed. About half th...
David Ordonez
Applying for a vacation home or 2nd home loan
What are some of the consequences if you decide to rent your vacation home as soon as you close the deal. I understand the lender strictly specify you can not rent your vacation home. Will I get in trouble if I rent t...
James B.
First time homebuyer trying to source first house hack
First time homebuyer 22yo Male Currently trying to source my first house hack - where did you find your first deal?I’m in the Chicago area, I wouldn’t mind if I had to cover up to $1,000.00 of the mortgage. A top prio...
Tzvi Nussbaum
Bonus Depreciation. Which items qualify?
I recently reviewed my taxes prepared by my CPA. I discussed with him the option of bonus depreciation. He asked for specific cost items. These included HVAC, roof, fire alarm and security system, cost of beds, furn...