Hello! Tax question from a new real estate investor. Right now, I have a side business making 100k/year and two rental properties I bought this year that cash flow about $800/month. If I deduct all my actual expenses,...
Hi BP! This is my first post and I’m looking for a bit of advice. I bought a townhouse in San Diego, CA in the Midway district in 2016. It’s a 1400 sq ft, 2 bedroom/2 bath with an extra room for an office or small bed...
I have purchased my first property this year in February. It is a duplex that I am house hacking. I have had a steady paying tenant for 7 months. Despite the small preventative maintenance and home owning surprises (...
Hello everyone,My wife and I currently live in TN after PCSing from WA. Our first home is in WA and is currently being rented out. Below are some info on the home;Original loan - $333kCurrent balance - $320k30 year lo...
I'm reading about BRRRR and trying to educate myself as much as possible before investing in my first rental property. I'm stuck on one thing in the BRRRR model with the Refinance. In an example I read, person bought ...
Just starting out on our rental buying journey.I own two homes, a primary and a rental. We house hacked the first home and remodeled before buying the second home and remodeling it as well.Both homes have around 100k ...
Ground work:Purchases: 2015 SFH1 purchased 3/2 118k rents for 11002016 SFH2 purchased 3/2 122 rents for 11002017 (10/28/2017) closed on first multifamily (4plex) for 268k 12k in repairs expected rent per unit is 800 b...
Your rental properties are sitting vacant—what do you do? Do you sell or lower your rent price to spark some interest? Will reducing your rent open you up to bad tenants? We’re getting into exactly what you should do ...
During a short sale when the primary lender is owed 361k and secondary HELOC is owed 78k, what happens when the package was submitted to the primary only? How can the secondary position get what is owed to them?
I don’t know where to start! For the past few months i have been educating myself on buy and hold properties. There is so much controversy on whether buying single family rentals is better than multi family, vice vers...