Lauren Keen Aumond
Home Office Deduction??
I'm using a CPA for the first time since 2017 was my first year having a rental property. He's my parents' CPA and they have one rental. He told me I can't take any home office deduction (I'm interested in the "simpli...
Shawn DiMartile
Newbie from San Diego, CA interested in out of state investments
Hello BP community! I’m finally making the move from simply lurking through the forums to being an active participant. My name is Shawn DiMartile. I’m 29 years old working as an air traffic controller in San Diego, CA...
Kenneth LaVoie
To LLC or not to benefit from better mortgage terms
As many of you are aware, if you own a building in your own name, 1-4 units, you can often get great "FNMA type" financing where you get a decent interest rate, lower DP, and literally locked in with no rate changes f...
Michael Ablan
The FHA and USDA Anti-Flip Rule
Hey guys!I just wanted to write a quick post about the FHA/USDA flip rule. Somehow I had never heard of this before and kind of stumbled on the info while talking to my lender how some of the flips I'm doing (thank g...
Vasia Pupkin
What house can I afford?
Hi,
I am a complete newbie. So here is my situation.
I am about to graduate and I have accepted an offer with a starting salary of $72000 with a note that the salary will increase to $80k in 1-2 years if I pass t...
Faye Sikora
I like turn-key properties and notes
Hello all!I'm a new member looking for like-minded investors in Indianapolis to learn and work together on Wholesaling and investing in turn-key properties and both performing and non-performing notes. Can't wait to ...
David Soest
What would you do? Buy and hold or flip?
I'm curious to see what other people would do in my situation. Actually I'm not 100% sure what to do so I would like others opinions.We finally got to a point where we can pull $70,000. cash out of our primary home. I...
Ryan Monsalud
Is finishing a basement worth it?
Hi all,
Brand new to BP so sorry if this question has been answered. I'm currently analyzing (hopefully not analysis paralysis) on whether its beneficial to finish the basement in the rental property I'm purchasing. ...
Miranda Vaughn
First time STR purchase
Investment Info:
Townhouse other investment.
2BR/1.5 BA furnished townhome in Panama City Beach, FL. After dropping around 40K into the property, between down payment and updates, we are starting to have so...
Account Closed
Future Investor (Chicago)
Hey BP community, I’m a 26 year old from Chicago currently knocking off debts and saving 10% of my monthly income to begin my future in Real Estate investing! I began looking into Real Estate after first reading Rich ...