I found a lot 100x100 with a small ranch on top at 179k, it is in a urban area where 3 bed 1.5 bath and garage town homes go for 220-280k. Does it make sence to put up 3-4 units would they fit?

Hi everyone,I've stumbled upon this deal that is not yet listed, consists of two converted buildings in a small town, 6 + 7 units on half an acre. I learned about it from the owner who is a fellow real estate agent an...

My buddy, JJDawg, insisted that I register on BP. He told me that some of the best real estate investors in the country are members of this site. Based on his recommendation, I have high hopes for this site and its ...

Hi everyone,I am wondering if for my first deal I should be only looking for cash flowing properties. They are hard to find where I am. But there is a lot of potential for me to lower my expenses (rent) by a few hundr...

Hello I just have a question I ant seem to find the answer to. Can an agent with a fulltime job that is currently providing a way of living in another non related industry have any tax breaks from his realtor business...

Hi All, My tenant called at 10 pm on Jan. 1st to let me know that the furnace (natural gas boiler) was constantly cycling on and off and the temp was dropping in the home.  I instructed him to contact the local HVAC c...

Hello BP!I am 3 months into my first SFH house hack (Going Great!) but am now trying to educate myself on further ways to be tax efficient.I understand how to calculate depreciation allowance on a house hack but was w...

Obviously capital expenses don't happen the same way we save up for them so I'm curious as to how you all plan for them in your investments. Do you religiously allocate a certain % of rental income per month for CapEx...

Hi BP-I've been reading books about FHA house hacking but it just doesn't seem feasible in expensive markets. So I was wondering if I missed anything?  Take NYC(where I live) for example. I've seen most of the 2 famil...

I am looking at investing in a townhouse right by my city's university (walking distance). It is 2 bed 2.5 bath and has already been updated with granite in kitchen and half bath and composite wood floors and tile thr...