Eric Meyer
NWI investors and landlords
Hey Everyone, please tell me if I'm crazy or reasonable. I completed my first rental (duplex) deal and have it rented as of March 3. It cash flows at $650 a month and yes that is with 25% set aside for cap-ex, repair,...
Moises Acosta III
Problem tenant in my first home that I turned in to a rental.
Hello all, I have been renting my first property for about 5 months now to a section 8 tenant.
This property was my personal home for about 5 years and I decided to rent out and test the landlord setting out.
The h...
Charles H.
Cash-flow expectation as interest rates increase
Hello BP,wanted to have your insight when you guys run your numbers and also how you adapt as interest rates are on the rise.I tend to follow @Brandon Turner numbers (100$/month/door & 12%CoC for apartments). And ...
Adrian Aguilera
Sell, cash out and Rent in SF?
I'm new here but already learning a ton. Here's my situation.-We bought a 2bed/2bath SFH in San Francisco in 2011 for $600K which has appreciated to around $1.3M or so. We have a $490K mortgage (3.5% fixed) and a $140...
Ryan S.
Why are LLC's so complicated can someone tell me what I need?
I just finished my first rehab house, and I am about to put it on the market in oak forest IL. I will be doing many more flips and want to know if I need an LLC or an C corp? Dont really know where to start on this ...
Kelly Douglas
Capital gains confusion
First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.
I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...
Jonathan Escobar
What happens to an FHA loan after a year and want a new one?
I’m planning on getting an FHA loan to house hack but I don’t know what happens after a year. Do you get the same interest rates and payments after a year and you apply for a new FHA loan? Or do you have to refinanc...
Talha K.
Need advise on a section 8 tenant fiasco
Hi BP Family,I have a very pressing situation that I'm facing right now with one of my tenants. The tenant is section 8, and all the rent comes from their voucher, they don't pay anything themselves. We inherited them...
Peter Kozlowski
As a potential buyer, do I really need an agent?
Since Zillow is already listing most MLS properties, along with the means to contact the agents who are selling them on behalf of their owners, do I really need my own agent to buy?
Shafi Noss
Tax Questions: What are the Tax Benefits for Passive Investors?
Hi everyone, I've been trying to puzzle through the tax situation for passive investors and thought I'd ask you all for help.
It seems like the main incentives are depreciation and capital gains. An LP using depreci...