Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Sohrab Ansari
Self Storage- Am I overpaying?
Please help me evaluate this Self Storage facility. This is my first one. I submitted an offer now having some doubts. Self Storage Facility 343 units. NO office. It is being managed remotely or part time by the owner...
Lawrence Moore
Mortgage vs Owning outright
Just out of curiosity, how many of all your properties do you have a mortgage on and how many do you fully own? Mainly talking to buy & hold people, but flipping would also be welcomed, and really any type of REI ...
Pat McLaughlin
How to Get a Loan When You Freelance
I'm new to real estate and am working through my initial education phase.
My first goal is to purchase 5 rental properties because I love recurring income and believe that this strategy is best suited for my goals an...
Ethan Schultz
Is it possible to qualify for an FHA loan while only being 18-19? Requirements?
In less than a year I'll be leaving for college and will be attending a school in Virginia Beach, VA. While I'm down there, during my first few years, I plan on house hacking at some point to begin my investing journe...
Brian Ortiz
CPA will not draft "comfort letter" for self employment
Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
John Lazzarini
[ Bay Area ] Feasible to start RE portfolio with a multi family?
I need a reality check from those in the business. Is it feasible to begin with a multi family near the bay area?I live in San Francisco, but work in Palo Alto. I believe I'm priced out of purchasing in my high COL ...
Orlando Paz
Currently unemployed and looking at free mobile homes as possible option
As luck would have it, I lost my job a week ago. There are some employment possibilities on the horizon, but nothing sure yet. I feel like my investing ambitions, have been put on hold. My focus has been on looking fo...
Rob Krin
The RIght Structure - am I getting ahead of myself?
Hi BP CommunityRob from Central NJ here.So I'm wondering if this question is a bit pre-mature considering I haven't bought my first proper investment property yet. I own 1 rental in a 55+ but it is occupied by my wif...
Jordan White
Christmas gift for tenant... good idea?
Thinking of giving my tenants a small Christmas gift this year and want to know your thoughts. More of a small "Thank You for your business" - thinking a $25 gift card for the local grocery store and a box of chocola...