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When it comes to SFH house-hacking, how are folks coming up with estimates for single bedroom rentals? My typical tools for duplexes (Rentometer / MLS) don't work super well in this case since they assume you're renti...
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So I understand that I need to live in the property for at least 1 year but do I need to live in that property 24/7?
1. I was thinking of living with my family members in their properties for free.
2. I was also th...
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I’m getting ready to invest in my first rental property, have good amount for down payment and about to start pre-approval for a conventional loan. However, I’m still very, very undecided on which type of property to ...
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Hey BP my friend wants to help with a rehab flip that cost 15K he said he is willing to put in 10K but he wants a 30% return back on his 10K. The ARV for home is 120k The price I got for home is 80K Repairs 15KMy budd...
Hi everyone, I'm a begginer looking for the first step into this great wonder of investing in real estate, Im giving up on a job I worked everyday for almost three years now because my bank account can't seem to stabl...
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I'm wondering if there's a quick guide somewhere to see what things are part of the cost-basis vs repairs vs home improvements that need to be capitalized and depreciated.Does anyone have a template or a spreadsheet t...
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Hello BPers!My first post. BP has wealth of knowledge and you guys keep adding to it. Awesome job! Man, I am addicted to BP :)I am going with this triplex and am looking for financing. The loan amount is slightly more...
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Someday, I'll post about my first success. It's a better story, but longer story too! Second Success! The pertinents - Good Area of Town, Solid B area. Bought a 2 Bd, 1 ba frame home with an unfinished basement fo...
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I am looking for suggestions for listing a rental to attract college students. I usually post on Postlets which goes to various other sites, but I am looking for sites geared towards the college kids. Any ideas?
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Hi all. I have been reading and researching Self directed IRAs and thought I had found the company that I wanted to go with to set up the LLC, but I noticed an ad on the BP homepage and called them and now I am confus...