Hello Everyone,I've been widening my search for real estate up to a 2.5 hour radius from my home town. The town that I found is in rural PA and it looks like there are a couple multi family homes that are being sold ...
Hi, my name is kenisha and im a newbie. being a newbie is kinda hard when u lack what everyone knows and have. So far for me to find deals i have the internet and driving. Since i am a newbie i dont know how to do com...
Hello everyone,
I just joined BP today, although I have watched/read their info before.
I know of a family friend who will be selling their house in about 6 months or so. She said she would let me know before she pu...
How can I go from not claiming allowable depreciation on a rental
property to claiming allowable depreciation without creating an
unauthorized change to my accounting method.
I have owned the property since 2003.
I...
Alright so obviously more bedrooms means more tenants and more rent. However, it also usually means lower rent per tenant, so you have to deal with more potentially bad tenants. I also personally feel like when there ...
I am a little confused about LTV ratios. From what I know a LTV is simply the mortgage amount divided by the appraised value.
If I am looking to mortgage a property that appraises at 100k and ...
I am Almost done with my first BRRRR.....I BOUGHT a 3/1 for 50K...Put 45k into it and now it’s worth about 160k....I got a two year lease for $1350. I can barrow up to 120k against it.Couple Questions: How much equity...
On July 1, 2019 an extremely bad hail storm hit the town I live in. Every roof I own is damaged, some roofs are badly hit, some siding is ruined on one or 2 sides, many windows are broken, and there is broken glass i...
I have a contract on a 2 family. I usually do the inspection myself but this time decided to pay a professional. No problem here. My problem is with the utility companies. Here in CT it is such a pain and monumenta...
For those looking for additional details. I live in the Seattle area. I am planning on purchasing a lot somewhere in the Eastside (Redmond, Issaquah, Sammamish). And within the next 2-3 years I am planning on building...