Caroline Broderick
Property Sale Prices Reported to HCAD
Hello BP!I am looking to buy my first rental property in Houston and considering whether to use an agent or not. I know that when using an agent to buy a property off the MLS in Houston, the sale price gets sent HCAD ...
Richard Arden
Took to big of a deduction this year??
I need some advice on how to tackle this issue I am having with funding.I just refinanced my first deal and I am looking to get the second. I just talked to my broker about lending options and the news is not great. I...
JR C.
Does net rental income factor in depreciation?
I was looking over the health exchange website and one of the income questions was Net Rental Income amount. Does net rental income factor in depreciation? Or is depreciation a different type of expense because you...
Dan Miles
Cashout refi will mess up my cash flow!
should I still do a cash out refi if my cashflow drops down? I have a condo. Usually not a good investment but it used to be my primary that I turned rental 2yrs ago. Right now mortgage is at 4.5% total with taxes ...
Jeff Cashell
First buy and hold in Columbus Ohio
Looking at making my second offer for hopefully my first property buy and hold. $78k single family split level. Solid neighborhood. 3 beds and 1.5 baths at 1609 sq ft. Traditional financing with 20% down. Taxes and in...
John Adamkewitz
1-4 Unit condo deal?
Hey Guy's, I need some experience on this one. I don't know much about owning and renting a condo, except that many owners don't like the hoa's.
Buy and Hold.
8 yr old condo unit, 1 of 10 total in compl...
Mike Ball
Multifamily Repair Budget per unit
I am under contract for my first multifamily deal, a 20-unit property in Charleston MSA. I am doing some forecasting and wanted to get some thoughts on what people budget annually per unit for repairs (including unit ...
Kenda Bell
Baltimore City Lien Sale Starts less than 2 weeks - WHAT SHOULD I EXPECT?
Hi Everyone,I have my list narrowed down to 23 properties ...gonna cut it down some more by next friday. Has anyone here participated in the online auction for Baltimore City?I am still a little confused ...1) After I...
Andrew Graziano
What do you think about this deal?
Hi BP,
I'm analyzing a deal right now for a property. It's not exactly an ideal neighborhood, but the numbers seem too good to pass up. I've already been shown the house so I have a decent idea of what the property n...
Orlando Paz
What is the breakdown of the 70% rule?
I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it co...