Tom De Moya
Came across a wild deal. Am I nuts?
Perhaps it isnt wild and I'm still too new. This would be my 4th deal after 3 duplexes. Came across local landlord who has 4 properties for a total of 18 units. 3 6-unit buildings and a duplex. Wants to sell them all ...
Andrew Thomas Vedder
Offset W2 Taxes With rental losses
My W2 income is 160K. I have a primary residence. I want to buy another home, move into that one, then rent out my current home.
If my PITI is $2200, and rents in the area are $1800, can I use any of the $400 loss t...
James Triano
Number of Investors Flipping Homes Hits Pre-crisis Levels
According to a new article in the Wall Street Journal today, the number of investors flipping homes has reached a level not yet seen since 2007. The article also goes to state that the average profit for a flip is n...
Tyler Sample
First Time Buyer needing advice! My plan to own a home
Hey guys, I am a 25 year old business consultant that makes 75K a year right now. I can confidently say I am expecting to be making six figures in the next two years. I want to buy a home and stop renting but am looki...
Noah Bacon
How will interest rates trend in 2024?
On a recent episode of On The Market we have heard some of the best news all year for the economy and the housing market around inflation and interest rates. Today, Freddie Mac reports 30 year fixed mortgage rates at ...
Ben M.
Tax increases killing cash flow
It is nice to have the equity from the appreciation we are having but the tax increase is killing my cash flow. I guess when looking at the equity on the back end it is still a win but this is making things a bit tricky
Shane Ward
Numbers look good but the layout is terrible, What to do?
I found a Fix-N-Flip 3/1 that is priced at 56k needs about 40k in rehab and the ARV is 165k+. My problem is the layout is so bad that im afraid that it will kill the sale. The lot is a beautiful corner lot, the outsid...
Chavel Diaz Jr
Notes: Foreclosures and 2008 Subprime Mortgage Crisis
Hi BP Community,As I start my journey researching, learning, and investing in notes 2 quick questions come to mind.1. What are the ramifications should you own the note, aren't able to modify it/get it performing agai...
Terrence Bayly
Financing Advice - Washington DC rowhome
I am looking for advice to help fund my next deal. I am looking to buy a rowhome in Washington DC where cash is king. My plan is to buy cash, rehab (basic), rent, HELOC, repeat. I think cash would work better than fin...
Alex Chau
Tiny Houses in Backyard
Hi all,I live in the bay area and I was wondering if I was able to put a tiny house in my backyard. The property is zoned for SFH. My plan is to use it sparingly as an airbnb rental and a "guest house". My perspectiv...