Cosette Trantow
What happens after the first year?
I'm in my education phase right now and I've determined that I want to start out with an FHA house hack (hopefully a 4 plex). I also have the VA loan available to me. My biggest question now is: After I've lived in th...
Timothy M Weber
Suggestion for dealing with Tenant on potential buy deal
I've been working on getting 34 acres for a week or so now, pieces are starting to fall into place, other pieces are showing more detail. Here are some details that I'm not really sure how to press forward on.Good new...
Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
Hi Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business and have high income this yea...
David Marsceau
Good plan for first RE deal ??
Hi Everyone,
I am going to have 30k to invest on a live in flip property but I was thinking rather than putting that money straight into purchasing the property, I could purchase a mobile home in a 55+ community wit...
Travis Payne
Building a new SFH as investment
Good Afternoon,This is my first post.I have some land in an area where there is no rental property but seems like there is a great demand for it. I want to split the land up and build 2bed/1bath homes on it. The lan...
Karen Lee
HELOC interest expense deduction
Hi - From what I've been reading there are restrictions on HELOC interest expense deductions. Does anyone know if I take out a HELOC on my primary residence and draw funds to purchase/improve rental property (1) will...
Tony Schreiner
How to Wholesale in a nutshell?
Good evening BP, I have searched all through the wholesale forums, along with the "flipping contracts" discussion topic and put together an 8 step plan to wholesale contracts while Driving for Dollars, from what I lea...
Christopher Courter
Wholesales buyer commission
Does anyone know what a fair commission rate for a wholesaler bringing a buyer in to purchase a contract?
Jacek Blaszczyk
How to figure out vacancy rate? michigan
Hi all, one thing I've always been confused about is how people figure out vacancy rates. Is this something discussed among other landlords or is this a metric that can be googled? I live in Canton, Michigan still t...
Account Closed
Vacation coming up - What can I write up if I look at Properties?
I am in the process of purchasing my first rental property (under contract) in Louisiana and my wife and I are on the hunt for more in various locations. With that being said, we are taking a family trip to South Padr...