Kristie Eddy
Background checks necessary for student housing?
Hello BP! I am a newer investor and have added a multiplex recently to our portfolio that will be rented to college students. I want to ask whether or not other landlords or property managers are running credit and b...
Art Maydan
Requiring Renters Insurance?
Do you require your tenants to have renters insurance? If so, why? If not, why not? What kind of market would you recommend it in? And what kind of policy do you require if you do?
Brandon Glick
Cash out Refinance- two questions
Hi all,I am currently undergoing a cash out refinance (w/ a FHA loan provider) with my business partner on a duplex that we own. Both units are 3 bed / 2 baths. The appraiser came in short of what we were expecting. I...
Samantha Baker
HML refinanced into 30 year?
What should I consider when using a hard money loan (HML) to purchase a property below market value, using the HML to finance 100% of the rehab, and finally refinancing into a 30 year mortgage afterwards. I want to ma...
Oladimeji Sonibare
STR out of an apartment that I'm renting. Arbitrage?
Hey, All.
I'm trying to figure ways to best save towards my first investment property. I've considered house-hacking, but I live in NYC, so I'm pretty much priced out. I'm currently considering renting an apartment i...
Jack B.
How to calculate interest deduction after cash out refi?
Cash out refinanced 4 rentals. Goal is to buy more rentals with the money, but I'm not finding any deals yet. How can I calculate the interest amount I'm allowed to deduct on the new loans for the rentals? Are they fu...
Ken Leibundguth
Is it Legal to be both a loan originator and a real estate agent?
Hello BP Friends,I am considering a career change to become a Mortgage Banker (currently a Mortgage Closer) but I would also be interested in working as a Real Estate Agent. I have tried doing some research into the l...
Matthew Seabolt
Options to Pull Equity Out
I currently own two homes free and clear, one short term rental that grossed 85k last year and our primary residence. I would like to pull the equity (or 80% of it) out of our primary and was wondering what my option...
Anson Fauchier
House Hacking Through College
Hello everyone!
I am an 18-year-old student who wants to start a career in property management. My long-term objective is to establish a cash-flowing business using the BRRR method (Buy, Rehab, Rent, Refinance, Repea...
Guy Brown
Schedule E and Multiple Properties
I have 9 rental homes which I have been entering seperately on parts A,B & C of three different pages of Schedule E on my Income Taxes. Expenses which are exclusive to a particular house are listed for that house...