Richard Switzer
Advice - 21 and looking for first property investment
I'm 21 years old and want to invest in my first property. I have some money for a decent down payment and would like to buy a duplex that I plan to occupy one side on and rent the other. However the cost of property...
Jasen Pyles
Should I Sale or Rent my Home in Washington??
I currently line in Washington state. I bought my house March 2007 as a foreclosure. Then 2008 happened. So here we are in 2017. I owe $240,000 and house is approximately worth $256,000. My daughter graduates high sch...
Connie Murphy
Tenant damage to appliances and pool deck
this is my first rental (my personal home that I'm renting) so the house is much nicer than what a typical rental would be. That said, I am getting a premium on my rent ($1.90/sqft). Anyway, found out my tenants had...
Satish Vittalam
Mortgage on a rental property
I have a home that I will be leasing shortly (that I was staying.. Moving out for job reasons). I pay around $2,500 per month on a 15 year and may have another 10 years before it will be paid off. The amount I pay in...
Brian Slater
Cash Out Refi Evaluation
Hi All, I am new to BP but have had my first rental SFH since 2011. While I definitely jumped head first into this deal and make some mistakes, I did have some help with some experienced people around me. I also l...
Cynthia Dimitroff
NEED ADVICE ON LEASE RENEWAL
We need input: Our renter has requested to extend their lease by one year in exchange for a discount--they noticed rents in the area have decreased. I researched using realtor.com and it appears March rents have de...
Ben Smith
In need of CPA First time filling taxes with rental income
I purchased my first property last year. It is a single family house with a mother in-law suite. I have been living in the mother in-law suite and renting out the main house. I have several questions about what I can...
Tyler Lucas
New Here. Interested in flips and wholesale.
My name is Tyler, I’ve been a home improvement contractor for 5 years, with 15 years total in the industry. The last 2 years I’ve worked almost exclusively with RE investors, rehabbing home for flips. I am very intere...
Jason Schatz
Schedule E vs. Schedule C - Rental Business
Happy New Year All -So one of my goals for 2019 is to get my book keeping much more organized, and while doing that I have a question I thought I would throw out to those more experienced than I. 5 years ago I left my...
Account Closed
How to buy in expensive areas
Hello, I was wondering how you buy real estate property and make good decisions in areas where the market is so expensive?