Brett Dudley
Short term rental loophole then long term rental in the future
Hello, just closed on a new house. If i were to airbnb it out for the last few weeks of December, would i be able to use the short term rental loophole to do bonus depreciation on the property (with a cost seg of cour...
Jon Mitchell
Direct Mail Marketing: Metered Mail vs. Physical Stamps
Hey everyone,
I'm beginning my direct mail marketing campaign through a third party company as of now. As I grow and expand my business, I would like to start doing most, if not all, of my direct mail in-house to sav...
Alberto Vazquez
Living in my own duplex rental
Hello all, I currently have two rental properties (sfh) located in Houston. I hope to do a 1031 exchange and possible purchase a 4 plex with the intent of my living in one of the units. Is this allowed in the state of...
Brandon Coble
If You're Actively Investing, What Would You Do?
As we currently sit, interest rates are moving in a favorable direction meaning more and more buyers will begin to enter the market for investment properties. With a large increase in buyers, we can expect to see pric...
Ben Chung
I need a DSCR loan with No Prepayment Penalties
I just found out that in PA it's illegal for a lender to have a DSCR loan under $301k with a prepayment penalty. Since most DSCR lenders require a prepayment penalty it's been difficult to find refinancing options for...
Grant Boynton
New Investor Starting Out
Hey all,I am relatively new to BP but I have a question. I am new to real estate investing but want to jump in with both feet. I just was approved for a HELOC of 85K and I am having trouble with where to start. I need...
Omar Johnson
Networking for the Real Estate Entrepreneur
Business is like a game where the more people you are connected to the more points you have. Being connected means that not only do you know who they are, what they do, and have the means to contact them to make a re...
Jeff Lubeski
Would you consider this
I am looking at buying a property. It has 3 units. Gross rents are $2400. The owner will sell under a land contract with 20% down and 6.5% interest. Selling price is $152,000. If I assume 8.3% vacancy and 15% ...
Joe Garvin
Closing on property tomorrow and discovered a leak
Hello BP Community,
Happy New Year to all! We are set to close on a condo tomorrow and already wired all the money to Title Company. We went to the unit yesterday to measure a few things and found a leak which appears...
Brendan Flannery
Freeport, TX rental market
Does anyone know or have any insight to how the rental market is in Freeport, Tx? I am looking to connect with a property manager that works in that area.-Brendan