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Hi BP members. I asked this same question in general Q&A forum, but couldn't figure out how to delete it and move it here.I've stumbled across a property in a status that I am unfamiliar with so far in my educatio...
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Short question: What is the normal spread between primary residence mortgage rates and investment rates? Are there more fees with investment properties vs primary residences?Background: we purchased 2 BRRRR properties...
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Looking for some of the creative finance wizards out there to chime in on this one!I had an interesting conversation with someone in the private lending world yesterday. As a method of real estate financing and an al...
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I have been under contract on a property for a while now (closing was pushed back in order to allow one unit's lease to expire so as to allow me to owner occupy), and I have been in negotiations with a local lender. ...
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In Pennsylvania, tenants who occupy a rental unit over 2 years are entitled to interest on the security deposit. My tenants signed a 1 year lease, then a 6 month extension (actually titled “lease renewal”), and then a...
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Hello BP Community!
I was told recently that looking to buy rentals in the Chicago-land area in the fall and winter as it becomes colder is a bad idea because there are less people looking for new places to live dur...
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It appears I may not have selected great tenants my first time around. They paid a security deposit + prorated rent for August, but about 9/3 the payment still hadn't gone through on Cozy. So I texted to make sure the...
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I read many articles saying that you can deduct your property management fee or your repair costs or your insurance cost from your tax on your rental property, are those fully deductible??? Like if the property manage...
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We have built our company over the last 15 years and have a small manageable amount, about 110 doors, that we manage. We do all our work in house and have a great team of both ladies in the office as well as maintena...
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I am close to getting my RE license (one class and the test).
But I already work a 9-5 position (but it is usually remote).
I want to get into real estate investing but I want to be able to work a bit in the indus...