Hows it going BP? Alright, I always find my posts to be way longer than they need to be, so I'm going too try and make this as short and sweet as possible.Basically, I've always done my taxes myself (turbotax), and ne...
Hello BP Community. I am somewhat new to BP, this being my first discussion topic. The question I have been wrestling with for a few weeks now is a fairly simple question that provokes a difficult decision.To give you...
Long time lurker first time poster!I will be filing this season for the first time being a home owner and house hacker.I would like to work with a tax professional who has experience with this strategy.Tell me why I s...
At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
I have been cleaning house a bit lately. Getting rid of some bad tenants even though they do pay rent and take pretty good care of the units. Most of the problems are reported by other residents, noise, smoking, smo...
Hi All,I am in the very early stages of this journey and am trying to figure out what the best step to take needs to be when jumping in. My wife and I purchased our current home 5 yrs ago before we were married. I am ...
Hi all. My wife and I are still in the 'learning phase' as real estate investors, but we know for sure that in the next year (a) we will be converting our primary residence in to a rental, and (b) buying another house...
Hello my fellow investors,I’m trying to purchase a triplex in Tampa, Florida with minimal money down. My broker wants 25% for most lenders and I can only secure about 10%. The property has been completely rehabbed alr...
Hello,I am looking to get a HELOC on a my primary residence in DFW.Please let me know if you can recommend a lender.Thanks...Paul
Great news for all my house hackers out there! Starting 10/29/18 the new rules take effect where you can do home possible conventional 5% down on 2-4 units while already owning other property. Previously this program ...