Tabitha Gier
First time loan advice.
Hello everybody! So I’m pretty ready to make the jump into buying my first property/multifamily! I move from WI to TN,July 1st and plan to owner occupy a multifamily home, or a maybe a single family house if it comes ...
Sami Gren
Leminate vs. Vinyl vs. Lvt
I'm putting in new flooring (over old) on one of my rentals,
I'm do confused on the difference between all those options.
Which is the best option, that will last longest, and looks the most like hardwood (from hom...
Tom Casey
How to calculate income from Section 8 vouchers in Chicagoland
Hello BP fam!!Hope everyone is having an excellent day/week/month/year!Today I want to talk about how to calculate how much monthly income you'll get if you rent to section 8 tenants with vouchers. So many rental mark...
Randy Smith
Are You an Accredited or Sophisticated Investor?
When I first started investing passively in real estate through the syndication model, I was asked if I was an accredited investor or just a sophisticated investor. At first, I was confused and intimidated by the jar...
Gaurav Mehta
Opportunity Zone Tax Deferral Question
Hi,I have a question about Opportunity Zone Tax Deferral. Scenario below.Say I buy a property for $1 Million (Setup a Op Zone Fund and fund it with $200K Cap Gains. To keep it simple I will assume that I only buy this...
Vernell D Watson
Potential Flip but there's water in the basement, invest or run?
Hello All,I've seen quite a few properties in Camden and Burlington County. In most cases, you can tell if a property is worth the time an effort to acquire, renovate and resell. However, I always get confused on what...
Ken Carty
Baby Proofing
Hello all Bigger Pocketers!I am in a bit of a confusing spot here. I have inherited a tenant who has been living in one of my three units for going on 20 years now. I've only owned the property since March of this yea...
Schuyler Witt
What does Vacancy Rate expense even cover?
This may seem like a very basic question: we are trying to figure out what the set-aside vacancy rate expense that is on the BP calculator and that investors seem to use even covers? Is it solely to cover mortgage pay...
Jasmine Roberts
Non-performing notes-Can this really happen??
Hi everyone,I keep getting confused re: non-performing notes. Is there ever an option to secure the actual property by purchasing the property at a discount without going through the foreclosure process? In other word...
Niko Duffy
Cash out refinance primary residence to use as rental property?
Hello! I have a question on using a cash out refinance with primary residences in relation to rental property Here's my situation: I have a property that I have lived in for 2+ years in which I have a significant amou...