Account Closed
Should I Buy This Condo? (Time Sensitive!)
I'm 29 years old and make $75000 annually. I have an opportunity to buy a nice 1x1 condo for $240000 in an decent area of Santa Ana (which is an OK area of central Orange County [it isn't the safest, but it's very con...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Matt Hintzke
How to begin with low capital, high debt, and an bubbling market?
Hi all,My name is Matt, I am 25, and looking to begin my journey to financial freedom. If there is something I see the most regarding building wealth for retirement, it is to start early. So that is exactly what I a...
Robert Hanson
Rookie needs advice for tenant screening in C class neighborhood.
Hello BP,
This is a hit to my pride to post, but I need advice. I completed my first rehab to rent in July of last year. It is a quadplex and all units were rented until recently. I just had my first eviction and,...
Sam Jurgenson
Advice on house hacking
Hey everyone,
I’m pretty new to BP and real estate investing as a whole, so I just wanted to seek some advice from anyone that has been through house hacking.
I live in the Portland, OR area and I’m looking to start...
Debbie J.
Section 8 Tenant wants to add 2 more-should we ask for more rent?
We have a tenant on Section 8 in Missouri. Single mother. She wants to add her son's pregnant girlfriend and, in fairness to her daughter, her boyfriend. "To help them get on their feet". (We are not here to couns...
Daniel Green
Not enough income for conventional mortgage
Long story short, my wife and I found a great deal on a duplex that would easily cashflow $600+ each month. After viewing both units and talking it over, we decided to go for it. However, when we talked with our lende...
Amber Koontz
First Investment Opportunity
Hello all, I've come across a duplex that needs a bit if work for around $50,000. 6 bed 3 bath. I'm researching the area to see about the neighborhood and also what places go for in that area. I would stay in this pla...
Kenneth Garrett
Do you accept Section 8 Tenants
I am asked on my rentals if I take Section 8 tenants. I never say no, I always say it depends on the financial numbers. I have never had a Section 8 tenant apply. What has been your experience with Section 8 tenant...
Bryenne Korte
I rent out my primary residence -- what should I do now??
Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...