Nick Marsch
First Time Managing Properties Myself!!
Hey Guys,
My partner and I just got approved for a loan to buy 5 college rental properties. My partner and I are both in our last year of college and have never managed properties before. We are going to manage these...
Jacob Trogan
High DTI and How to Get over It For A HELOC (W2 is a trap)
I am a little frustrated here but I wanted to get advice on how any of you may overcome DTI limitations when applying for loans or HELOC/LOC? I applied for a HELOC and the equity is there and my credit is 750+ but the...
Kelvin J.
Raising Rent on Inherited Tenants
If I purchase an occupied property but their current rent is below market is there a correct way to raise the rent on the inherited tenant to get up to market and increase my cashflow without overt risk to occupancy? ...
Tomas Nuno
Looking to house hack a property in Oakland to Hayward area
Hey all, I am a new investor looking to house hack a property in the Oakland/San Leandro. I have reached out to a couple real estate agents so far but if you know an agent/lender that is familiar with house hacking th...
Joe Livsey
First BRRRR - No Permits Pulled on Previous Electrical Work
Hi everyone! I am getting started building a portfolio of single and small multi family apartments using the BRRRR strategy. I found an older (late 1800s) duplex in the Buffalo, NY area that was significantly rehabbed...
Gerhard Maree
Cost Segregation Losses - STR
Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?
Levi Lais
Our investment property burned down! So many questions...
First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...
Salvador Hernandez Jr
Ready for Financial Independence
Hello everyone! I am new to real estate and have stumbled upon BP through searches and videos on YouTube. I started doing research and reading back in August 2022. It hit me when, by now, 5-year old daughter asked be ...
Anthony Butcher
Financing with no money in reserve
Hi,I am trying to get my first investment property, and a couple of banks I spoke to are asking to see 6-12 months of reserves in my bank account to cover the mortgage.I am working on saving money towards a deposit, b...
Colton Witte
Wife's Grandma wants to sell her house
My wife's grandma is wanting to move closer to family. Her house is located in a housing edition that is great for single family's or renting out to the local college students (the campus is within walking distance). ...