Wen Chen
Questions about tax write off's for rental property
I just bought my 1st rental property last year and need some help with what costs to file for tax return.Turbo Tax asking to escrow fees for following categories:Abstract and recording feesLegal fees, title search, do...
Jack Ni
How investors got 100 doors using BRRRR strategy?
I hear a lot of investors talking about Buy, Rehab, Rent, Refinance, Repeat to get as many as 100 doors. The number don't make sense and how do you refinance? Here is the math. See if I am doing this right, Buy a hou...
Craig Steltz
Recently Purchased 2 foreclosures - Questions on financing
I recently purchased two foreclosed condos that I am renting. I purchased the condos using a home equity line of credit. Now I would like to convert these to a mortgage in order to allow me to purchase more properti...
Jeff Diem
Cash-Out-Refi lenders with short seasoning period
A Colorado investor researching SE Michigan where I grew up. Looking into value-add buy-and-holds both single and multifamily. Can anyone recommend an asset based lender who has short seasoning periods on cash-out-ref...
Clarence Gong
Property tax issue in Cleveland
Hi BP family,I am a new rental property investor from overseas. I have a question regarding the property tax and it may sound very basic.Let’s say the flipper bought the property a year ago for 100k and paying a low t...
Miguel Ochoa
How much to take out after BRRR
when doing the refi after the rehab. how much do you guys pull out of the property? I currently have a home that I owe about $300k on and am building an ADU in the back after the building the ARV should be around $800...
Hoa Nguyen
100k profit on first deal
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $20,000
Bought an FSBO for 50k in 2020, put in an additional 20k for repairs and updates. Wa...
Paul Henning
How do comps account for other factors?
Hey y’all! We are about to sell our 2 bed 1 bath in Port Angeles, WA and Im curious how the comps of $/square foot affects other property factors. For example. The 2:1 across this small town might be sold at $250/squa...
Andrea Kraft
Our First Rental - BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $160,000
Cash invested: $60,000
4 Bed 2 Bath split entry single fam home with detached 2 car garage
What m...
Adam Rosenbeck
First Post, New to Real Estate, Thoughts on Equity.
Hello all,
My name is Adam and I am new to the real estate gig. I have been doing a lot of research, reading, you-tubing, pod cast listening, and browsing the BP forums. I want to take the plunge into real estate a...