I read a lot here about people having passive losses or paper losses once depreciation is factored in. But depreciation for a residential property is only 3.636% each year (27.5 years). I know this is a good problem t...
I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cas...
Hello, My name is Alyssa and I'm in San Antonio, TX. I’m new to real estate investing and I am looking for some advice. I have about 20k set aside for my first deal but I am nervous to put all my eggs in one basket. I...
My plan is to buy an undervalued MUP with an FHA loan, fix it up, rent out the other units while I live in one, then refinance it and use the year I’m required to live in the property to build up my down payment on th...
Hi,
I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them. Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driv...
Hi I’ve recently become interested in finding way to invest my money. I’m already in the stick market but the more I read it sounds like real estate is a great way for me to invest in my own. I’m here wondering what i...
Hello Fellow BP Members, I'm currently working on the Midwest and I'm saving the capital to start investing in Multi-Family properties as early as 2017. I'm originally from Texas so i would feel more comfortable purch...
I've notied my tenant 4 months ago that their lease won't be renewed, the original lease termination date is 3/31/2023. They've been living under charity rent assistance in the past two years which will end in Feb. I ...
I have an opportunity to invest in a fix and flip out of state deal. I would be putting up the 20% downpayment, closing cost and rehab cost. My partner will be the borrower on the loan and will manage the rehab after ...
I have a three family that needs total rehab. The acquisition and rehab will cost $180K-$190K. The property is worth $225K-$250K. The property is in a "C", "C-" area. Rental income is $3,700, has off-street parking. T...