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Hi,I am thrilled to be here. I have a full time job that I love as a product design engineer and I want to fulfill my other dreams which is owning my first Multifamily home. I want to learn more about House Hacking. L...
Morning Everyone,My wife and I know its possible to have two VA loans, but we dont know if we can purchase 2 multi-family units. I know the VA has a rule that only properties up to 4 units are qualified. However is th...
Hello All!My wife and I purchased our first duplex ~4 years ago, and overall it's been a pretty good experience for us. We bought a place that was in great condition for the most part so we have rarely had to deal wit...
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As a new investor in Southern California, I'm on the hunt for a midwest city to invest in where RCR on multifamilies is a little better. I've been looking in Milwaukee and I keep seeing all these properties that look...
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Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...
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I inwardly cringe when when landlords post about "kicking tenants out" or other commonly used, but unprofessional, terms. The internet is forever, and you never know when something you have innocently posted will com...
Hi there! I spent hours last night pouring over this forum and hadn’t found anything that quite addressed my unique and frustrating situation. I recently closed on my first home in Miami FL (yay!) and it’s 2 houses, ...
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I'm a first time home buyer. I've been on bp for about a year. Listening and reading. I'm bidding on this home. The realtor asked me what's my justification for asking 85% of the asking price. He said you could get re...
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Hello Everyone,
Yesterday I had a meeting with Tomie Raines Realtor Inc in East Lansing. Everything went really well and the training manager informed me on the expenses of real estate training at the company, prior ...
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Hey everyone, we have a tenant who was getting really creepy (like… Really really creepy) so we gave her notice to move at the end of her lease which ends in 2 weeks.
However, she is slightly mentally challenged (pr...