Tamyra Campbell
First time deal. On the fence about this property!
Hi BP Fam,This is my very first deal after being a renter for 10+ years in East Dallas. The property that I'm inquiring about has 3-parts to it. The main house is 1324 sq ft. The Duplex in the back, (that's currently ...
Rich O'Neill
ABOLISH the IRS and Implement a Sales Tax?
Curious to hear what this community thinks about the proposed legislation to get rid of all income taxes and instead implement a sales/consumption tax? It is very unlikely this passes, but could it actually work?https...
Nick Rutkowski
Mortgage and Rent Cancellation in New Bill
Hey BP, Congress is thinking about passing another stimulus check for the American people. There are two proposals, one outlines 2000/month for each individual and the other stops rent and mortgage cancellation for 1 ...
John Crimmins
Cabin Rental Movie Theatre's - Projector or Big TV?
Hey all,I'm building a movie theatre in a new cabin rental in Pigeon Forge / Gatlinburg area. Wondering if I should go with a projector or a giant flat screen. I've seen smart projectors on the market but I'm wonderin...
Wendell De Guzman
If you can invent a time machine - what will you tell your younger self so you won't make that BIG real estate mistake
OK...this is NOT just because I am a sucker for time travel stories BUT...this forum thread will hopefully HELP both beginner and experienced investors alike. How? By openly sharing the mistakes that each of us have m...
Paul Spangler
Can someone confirm the 85% gross rent rule for FHA loans?
I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
Tyler M
600k to invest any suggestions on the best strategy for leveraging?
My second question is if we have 600k to invest in rental properties and a credit score in the 700s what are some of the best investment strategies? We heard that you can buy up to 10 properties with loans from the...
Jim Herbst
Do you carry a home warranty on your rental properties?
To be honest, I'm not even sure if you can carry an annual warranty policy on rentals, but is this an avenue anyone utilizes? The benefits would certainly be to stabilize fluctuations in maintenance costs and to stre...
Stefani Mokris
Financing a property with a LLC
Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
David Maldonado
Investing in Las Vegas NV area
Hi everyone,I have been successful with my first two house hacks and have built 3 ADUs in California. I am looking to take the leap and invest in the Las Vegas area due to the insane home prices in California. Competi...