Johnny Lau
Buying a 3/1 house for 24,000 that rents for 550/mo a no brainer?
House is in Birmingham, Alabama. It’s in decent condition with a tenant already living inside. Will not need much work, maybe cleaning and painting or nothing at all until the next tenant turnover. There are actually ...
Michael McClearn
Denver Rent by the Room Property Management
Currently looking around for a Property Management Company familiar with the House Hacking rent-by-the-room investment strategy. My concern isn't for the first year where I'm living in the property, but for the subseq...
Nico Savoia
Rental investments in Mount Oliver
Hello!
I am curious about a temperature check on Mt. Oliver Pittsburgh! I see on the forum 4-5 years ago not many people seemed to think it was a great investment area but it definitely has improved a little since t...
Andrew Taylor
Yellow Letters - What to say when lead calls?
This may be a fantastically stupid question, but hey - we're all strangers here, right? I'm getting ready to send out a batch of yellow letters to owners of small multifamily units I'm interested in purchasing, and it...
Aaron Zike
Offering Seller Financing
An elderly friend of mine wants to stay in his multi, but can use extra cash each month. I ran some numbers and I can just barely break even on cash flow keeping him in it. I figure I could offer him to do basically a...
Jason Alloway
Requesting property repair history
I'm interested in turnkey buy & hold investment SFHs in the Cleveland, Ohio market; and contacted a couple firms who interest me selling homes in that area and then managing them. Some of the turnkey listings men...
Richard Qiao
House Hacking Advices Needed
So I'm currently living in Massachusetts, considering a multi-unit house hacking opportunity in New Hampshire. The lender agent denied the FHA loan application, because my current residence is much more expensive than...
Jack Lee
Passive Investing Guide??
Hey guys,
I was wondering if there is a passive investing guide out there for rentals. I have not found a solid guide on BP on how to invest passively if you simply cannot make weekly or monthly trips to rentals unle...
Dave Elim
25% down required?
Hi all,Got an offer accepted on an income property duplex in Wisconsin for 125k and the lender is asking for a minimum of 25% down. Is this normal? We currently own an ADU that is on our property that we have a HELO...
Account Closed
Are Principal Payments Subject to Income Tax? Asking for a Friend
What's up everyone! A close friend and I just had a discussion regarding the tax treatment of P&I. Whoever is right gets a bottle of Tito's so, no pressure here! While talking up funding strategies, I mentioned to...