Hi guys,Please let me know on why I am unable to utilize BRRRR strategy in my situation. I bought "property A" back in 2013, lived there for 2 years, and last year I bought "property B" and currently living in B. I r...
Hey everyone! So I'm planning to buy my first property towards the December area, give or take. I'm wondering if there's anything I should be doing now in regards to the loan process and whatnot. I plan to take the ow...
Hi! we closed on our first rental properties earlier this month and are listing them through RentRedi, Zillow, and FB Marketplace. We used rentometer and BP calculators to determine appropriate rent, and are slightly ...
If you have an applicant you denied and they are persistent, how big of a deposit would you ask for if they are weak financially and one of the 2 has bad credit?
Basically if I buy a rental house for 75k cash and rent it for 750 a month it will take me roughly 10 years to get my money back. In the mean time is it a loss? I already paid income tax on that money, I saved it in m...
does anyone know anything about texas tax sales? how can i purchase a tax sale property from an auction? how would i pay for the property? what would be the best way to finance a tax sale property if i were to purch...
Hi BP - Hoping for some guidance here. I have 1 cash flowing rental property (FHA mtge as I used to live there) and I'm currently leasing the place where I live now. In the next few months, I'm hoping to buy and mo...
I have my rental real estate principal and interest mortgage payments going out of my LLC bank account. I believe only interest and real estate property taxes are tax deductible. How do I account for mortgage payments...
I purchased a property in Portland, Oregon in 2013 and lived there for about a year. I moved during 2014 to California where I now reside. I've kept the property as a rental since moving. The rent covers the mortgage...
Auction is in 2 days. Drove by the house tonight and there are definitely people living there.The tax lien is against one LLC. Checked the auditor's website and that Lien holder sold the property to another LLC in Jan...