Drew Lamb
Regrets or anything different after using 401(k) for purchase?
Is there anyone here with some advice about using your 401(k) to purchase an investment property? Anything that you would do differently or just advice about how to handle it? I only have about 35k in it so it may be ...
Kenneth Hynes
Advice on Pole gutter Gutter / roof leaking
I am in the middle of a BRRR on a 1900 era house in PA. It is a two unit , with the upper floor being a separate apartment that is part of the renovation. I am trying to run down / fix a leak that is happening on m...
FATEMA BASRAI
Landlording & using Cozy.co: Help for a newbie!
Hi everyone,
I am a total newbie to leasing & need help with a few basic questions!
Background:I bought my house in 2017 in TX. In 2019, my hubby and I moved to the East coast and we set the house up as a vaca...
Bruce Shiba
New lease agreements and increasing rent
Context: House hacking with an owner occupied single family dwelling. One of my tenants lease will be up in June 15. Currently, month to month rent is the default option after the lease expires. I'm wondering if a) I ...
Kyle Kelley
Real Estate License from Out of State? Possible?
I was wondering if its possible to get a real estate license in a different state from where I live?I live in California, but most if not all of my properties are going to be located in Ohio. Can I take classes and ex...
Jagadeesh Chandramohan
Depreciation Recapture
When you sell a rental property, depreciation recapture is taxed at higher rate.My question is do you owe the tax on depreciation recapture if you actually had no tax benefit from it during the years you were renting ...
Shuai Zeng
Am my cover in this contract?
The seller trying to sell a reo they purchase. But, with 90 days restriction, they going to do a Lease to own with me. I read through the entire contract, but will they refund my contract fee if they fail to deliver a...
Aaron Cayabyab
Correct me if I'm wrong
Hi BP COMMUNITY,
I have been learning about REI for the past year now and have been saving some cash in the meantime and now I want to jump in the game. If anyone has tips or advice on the things I should / shouldn't...
Adam Barr
House Hacking by Proxy?
Hi, I'm new to BP... still very much in the "gathering information" phase as I learn about real estate business models and investment strategies. I'm active duty military, and any near-term investment strategy I pursu...
Brenda Hedges
Do I really need an accountant?
I've been doing my own tax returns for over 20 years. Last year in addition to my regular real estate transactions as a real estate agent, I bought and flipped a SFR. Normally, I use turbotax business and have found t...