Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it.  Doing some reading and it suggests creating a promissory note set up properly so I c...

Hello everyone! I'm new to this website and excited to learn from all of you!
We currently live in Houston, TX but we will be relocating to the Seattle/Bellevue area this summer for work. I own my primary residence i...

Hello everyone, mortgage rates right now is super low that i want to take advantage of it. The thing is the mortgage rates are low if it’s your primary residence and still quite high for investment (rentals).My curren...

Here’s why many investors switch to commercial multifamily  👇Let's say your rental property makes $200/month in cashflow.
Which is $2,400 annually.
This will WIPE OUT your cash flow:
❌ HVAC repairs
❌ Turnover co...

We’ve outgrown our family home, but instead of just selling it, we wanted to keep it & rent it long term. $200k + equity in California home. Hoping to transfer to LLC? Good idea? Thanks!

I’m writing this post for all the newbies (especially military) out there who have yet to complete their first deal so they can hopefully see that getting a decent deal on their first purchase is actually achievable. ...

If you purchased a 1,300 sq. foot SFR that needed cosmetic repairs, how much $$$ below FMV would you pay? Also, if you really needed to flip a property, would you ever pay FMV? Thanks!  

Hello BPers. I have a friend who is under contract to purchase his first duplex as a house hack. He came to me with some concerns about the state of the market right now, and thoughts that maybe he should just wait an...

I am buying a house next month with a rental on it primarily for the land value (urban Houston). There is a month to month tenant on the property which I will keep to offset holding costs while I design the home and I...

Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...