Garret Myers
Renting a home with a high mortgage
Hey guys, I'm looking for some creative ideas on renting out our home. Currently, our mortgage is approx $400 higher than what I believe we could get for renting our home. I fully intended to rent it out by the room, ...
Trevor Miller
Tri-Plex Analyzation Needed
This is my 3rd post on BP and I'm already loving the support everyone provides. I just sold my rental of 5-years and need to 1031 exchange into a new property ASAP.I've dove into a couple of opportunities now and hav...
Aaron Liu
Price Appreciation in Brooklyn Neighborhoods?
Hi all, I am currently looking into purchasing a 1BR condo for my first home. As someone who is still getting familiarized with the Brooklyn market, I'd love for any thoughts on good neighborhoods in Brooklyn for futu...
Rik Hunter
First Attempt to Refinance My First Rental Property: Advice?
I have a duplex that I originally purchased with a VA loan, and I moved out of my unit to finish rehab and moved into a SFH live-in-and-BRRRR. Like pretty much everything, its value has gone up, and based on comparabl...
Frank Del Corso
How to screen good contractors & set up a scope of work
I am nearly at the end of my first reno on a BRRR property and used a contractor that my Realtor referred to me. I really like my Realtor who is super professional and does what he says he's going to do and goes the e...
Kelly Beiler
Newbie Investor from Reading, PA!
Hi all! I have been educating myself on real estate investing for over a year now - it started when I read the (cliche) Rich Dad Poor Dad book, and then a lot of finance, real estate, and business books since (and sti...
Damon Decker
Need LLC Op Agreement for SDIRA in CO
Hello, looking for a copy of an operating agreement to use for a "Checkbook LLC" out of my SDIRA in Colorado. I found this one for CA, but would like a CO specific one.
https://www.firsttuesday.us/co...
Jaron Klopstein
Questions about 203(k)
Hey BP Community: I am looking to begin my real estate investing journey through house hacking utilizing an FHA 203(k) loan. I have two questions about this:
1. I am aware that the FHA 203(k) loan will require me t...
Ashley Rummage
What Would You Do - pay down loan on primary or invest?
Hi All! My husband and I are meeting tomorrow to review family finances as well as discuss our "goals" for the year. Yes, we are treating this like a business appointment. I got the idea after listening to the Jay + W...
Natalie Wells
Investing with your 401k
We have a decent amount of money in my husband's 401k (around 100k, maybe a little more). My question is, have any of you taken money out of your 401k and taken the tax hit (which I believe is around 25-30%, possibly ...