Andrea Coulter
Tax question for a loss on a rental property
Hi BP community, I am a small investor from upstate NY. I have 5 rental units, 1 a single family home and 2 two family homes that I rent.I am Wondering how the math works when calculating a loss on one rental property...
Account Closed
what motivates you?
I am sure this thread has been posted a million times but I think it is important to remember the things that keep us going. My motivation to chase this dream are my parents who have passed away too early to show them...
Robert Howard
Using REI for children's college fund.
I watched an video by @Brandon Turner that talked about a property that he purchase and put a 15 year mortgage, so he would be able to refinance it about the time his daughter is ready for college. My question is wil...
Julius Clark
Winter is coming!
More of a general post but I think we can make this a super useful thread. Winter is always known as a dark time in real estate. Especially in the Midwest and other locations with cold cold winters. Typically people s...
Ryan Saulle
Conventional? Portfolio Lender? LLC? Planning ahead
Hey BP members!My brother and I are about to purchase our first flip property. We have the 20% down, is a conventional loan through a bank the best option putting it in one of our names? Is there a faster or better wa...
Jamal White
Private Lenders
Hello everyone my name is Jamal White and I'm new investor. I have a question regarding money lenders? What types of questions do you need to ask to make sure money lender is not a scammer?
Na Christian
Interest-free seller financing
My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6....
Raymond Wu
6-Unit Investing Scenario (numbers included)
Hello BP,I currently have about $20k in the bank and I was considering purchasing a 4 family unit using an FHA loan, but my realtor just showed me a commercial 6-unit building, with the seller willing to finance the r...
Whitney Ortiz
What do you wish you knew before investing in Georgia?
Hi there! I'm wondering if anyone from California or out of state has any tips/ lessons on investing in Georgia (specifically Augusta) or any "dumb tax" to share? My investing partner has lots of experience here in CA...
Account Closed
First investment property- advice needed!
Hi everyone,
I'm new to the site, and I'm analyzing my first deal. It's a 3 unit with great cash flow. It will bring in $32K per year after expenses. There are 2 issues 1) it has knob and tube wiring that needs repl...