I've done 2 single family flips so far, Not afraid to tell you that I failed and lost money on both due to myself mismanaging the deals. I chalk it up to hands-on education. Education ain't free no matter how you slic...
Hello all!What tax strategies can I utilize this year? I am a full-time W2 employee and part-time real estate investor in California. I invest locally and out of state in fix-and-flip and buy-and-hold properties. This...
At what point would it make sense to refi out of an FHA into a conventional loan? I got in under 4% , so I don't know if I'd get a much better rate. Also, after I wait one year from the close date of the FHA loan, a...
Hello everyone! I am a louisville kentucky resident and considering becoming a real estate agent. I really enjoy everything I've been learning about real estate and I love to talk with people about it!That being said ...
My wife and I currently own an SFR on a commercial lot in Davis, CA, free and clear. We have been using the home as a residence for 6+ years. The house was originally built in the 1930s but has been added onto and/or ...
I found a property in Port Jefferson Station, NY. FSBO and the guy is moving out of state next month! He's asking $115K and the house needs a ton of work. The comps for that area look to be $250 - $400K (that's at a...
Aspiring buy and hold investor here. Here's a short backstory before the dilemma.... We own a home with approximately 125k in equity. We rent cheaply elsewhere and recently started renting our house out for $1500 a mo...
I‘m slowly making my way back to PDX over the next 12-18 months after a 4 year tour of duty in NYC and am looking for a house hack, teardown and rebuild, or small multifamily that I can live in alongside 2-4 other res...
Hello BP,What is your recommended way of keeping track of rental income? At the moment, my tenants in my first SFR pay by checks. Am I to keep all of the checks as proof of rental income for a duration of time?I ask b...
Let me know your thoughts on this deal:I’m offering $81k (asking price) for a 2 unit building:Unit 1: 2 bed, 1 bath w/den could be a 3rd bed $900 rentUnit 2: 1 bed, 1 bath also w/a den that could be a 2nd bed. $700 re...