My mom recently inherited a house from her dad after he passed. Once the house sells it will be split between her and 3 other siblings. It had been rented for the past 20 years by the same tenant who is now giving the...

Hi all, I have some questions about using the 1031 like kind exchange to avoid some of the taxes I could incur.I closed on my first home a week ago.  I lived in that house as my primary residence for 15 years.  I have...

I am about to put in an offer on a tri-plex for short term rentals. I have a contractor who might be interested in investing or partnering in some capacity... contributing 20k toward the down payment and about 25k in ...

Hi BP Community,This is a hypothetical and something I'd like to consider before investing in a property. I have a question regarding how to implement extra monthly charges for the use of a parking spot/garage, or sto...

I live in a townhouse for which I paid cash. Then I formed an LLC for my REI’s. I’m thinking of a HELOC for short term deals/flips and was wondering the following...

1) Should I take out a HELOC on my townhouse or my...

Hey BP, I recently started a discussion called "Looking for feedback on my next move", and have since been giving more thought to obtaining a HELOC or Home Equity Loan as my "no or low money strategy".Here is the scen...

Has anyone had any success using Airbnb income for a loan application? I have heard rumors that some smaller banks may consider it on a case by case basis. Any guidance on this would be appreciated.Sebastian

Good afternoon BP. My girlfriend and I came across a duplex built in 1959 to rent and we were wondering what investors typically set aside for future maintenance and capex on properties that are almost 60 years old. A...

My name is Stephen Burtin and I currently work as an accountant in Wichita, KS. I have been interested in real estate since high school, but I just never took the leap. I suppose I was waiting for an ideal time, but...

Looking for input on a potential first deal. Property is a duplex.Thanks View report*This link comes directly from our calculators, based on information input by the member who posted.