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Would you advise trying to structure a SDIRA in order to put the money down on a few properties, or would I be better served to take out a loan from my IRA which would allow me to get the down payment money for one...
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My tenant reported a bursting pipe when trying to use an outdoor faucet the first time in spring. The home was a new construction and still within the builder's warranty, but the builder denied warranty saying it was...
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HB 1236 is being discussed in Senate soon. Here is a post on SeattleTimes summarizing the bill. Here are my thoughts on it. I wonder what other perspectives folks have? Does it make it harder to rent now?Pros- Puts mo...
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Hello BP,I live in Houston and am looking to buy my first income property. I'm planning to buy and hold and plan to use a property manager. I'm military and move regularly so I want a hands off investment. Naturall...
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I recently moved to a new state and am converting what was my primary residence into a rental. I am set to close on a new primary residence however my underwriter is insisting that my debt to income level is too high...
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Hi! I’ve been saving money for over a year now to have enough for a down payment on a FHA loan. I’m feeling lost as all the multi family homes I’ve been looking at have a monthly mortage that allow for no cash flow. I...
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I'm under contract for a fully occupied multifamily property in Chicago. I'm just learning that all the units have bed bugs. I have never dealt with bed bug before. How big of a problem is this. This is a 5 unit prope...
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In September I purchased an up/down duplex in Denver. It was built in 1895 as a large single family home, then in the 50's it was converted to a duplex. It is still zoned as a multi-family lot. A multi-family ho...
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I am beginning to prepare for filing my taxes. I have not kept a good record of my hours. I have a full time job, but I feel like I've easily surpassed the 750 hour mark on my rentals and I probably have more like 10...
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I have an idea to capitalize on the turmoil that is approaching the current real estate market and then where to channel that capital. If the idea of this specific type of deal could be mastered and then scaled. To ca...