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Hello, so I'm confused about something. Courts have been hearing eviction cases in my area for about a month. I haven't had to evict anyone since last year, but I was in eviction court today as a "representative" for ...
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Hey guys - I need your advice.
I'm looking to purchase my first duplex in Denver that would cash flow ~$800/month. However both units have tenants, one with a lease ending Jan 2021, and the other Dec 2021. They are b...
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As an investor, what are the benefits of buying a Lease Option property? Or what strategies are being used to purchase them?
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I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...
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Hey folks - as I'm starting out and looking to make my first move in REI, I've been thinking about my decisions as if I'm playing chess - trying to think 2 or 3 moves ahead. I'm currently living in Los Angeles/Orange...
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I am looking to get started with the purchase of my first investment property. I expect to start out flipping and hope to gain some rentals along the way. I keep coming across Fannie Mae Homepath properties. Can an...
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Hey BP,
I'm toe deep in my first flip here in Tulsa, OK. I'm working through a 203k loan, so it requires a contractor quote for -every- detail. House is 1900sqft. Bought on a short sale for 49k in a decent neighbor...
I am looking to get into a multi-family house hack next year and originally I was looking at duplexes. I have now turned my attention to 4-plexes. I am in the south Texas area. I want to try to get in with as a lit...
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Hello BP!I will be refinancing a duplex in San Diego. The loan balance is at $420k. The appraisal value in 2018 was $650k. I would like to purchase another property in San Diego with my brother-in-law. With 43% DTI, w...
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I found out I have the option to go with a Conventional Loan over an FHA for my first house: Single-Family Rental (this would also be my first investment property)
I was thinking I would have to house hack for a year...