I am interested in purchasing a vacation rental in the near future. When qualifing for the mortgage is the historic rental income counted towards qualifying for the mortgage? In this scenario the historic annual tent ...
Hi BP! I've become more interested in the multi-family space recently after reading Multi-Family Millions by Dave Lindhal and various multi-family related market reports. One question that has come up is around refina...
After years of listening to BP, reading books, talking to people, I have my first deal under contract. It’s a 3-1 house in Missouri (I know 3-1s are tough to sell J Scott).Paid $19K in cash needs about $35K in rehab w...
I’m 43 years old and currently working for a state government agency but would like to pursue real estate investing and quit my government job. I can either purchase 10 years for $130k and I would be able to quit my j...
I got a house under contract to buy sub2 in San Antonio TX, the seller is behind about 3 k. She says that she owes around 43-45 k and (the tax appraisal is 74k) she just wants out and has already found somewhere else...
Hello All,
My name is Leon Wang, I come out from Shanghai/China, I'm an active investor, and grateful to be here to share my stories.Last year I bought 6 condos in Orlando Florida and became a real estate newbie. Here...
Hey guys I wanted to share another success story. I’ve been meaning to write this sooner but as you guys know stuff happens. But anyways to give you a background this was my company’s 2nd flip this year. We’ve bought ...
Greetings BP Community, I'm James from Los Angeles. Just finished the BP Beginner's Guide and have listened to about 20 podcasts, what a tremendous resource this site is! I am currently waiting for the California...
Hi all,First post here and I couldn’t find it answered anywhere else - I have a 2-unit in Portland Maine built in 1920 and for the first time this year the fire safety inspector measured my upstairs bedroom windows an...
2018 is off to a great start!!
I have obtained my first rental and I am on the verge of meeting potential tenants for renting.
What utilities do you usually have tenants pay in a SFH?
My house has central AC and ...