I am about to close on 5 doors in the next few weeks. Three single family homes and one duplex. Just reaching out to for thoughts on items that I might not have thought of. Thank you for any input.
I'm looking to acquire a couple of rental properties and was wondering how Grand Rapids was for BRRRR investing these days? I'm out of state so would also need a good local support system in place. Is Grand Rapids sti...
I have a friend who owns tons of properties, but he's too busy to help me constantly try to find a property in Chapel Hill to buy for my daughter to house hack. And...I don't have the money right now to buy the "PRO"...
Was responding to a blog about inflation and Fed interest rate hikes in the future. Sharing my comments here.
There is tons of Noise around the economy, historical, political, world events, etc. I look at two dif...
Question to rehabbers. What are some of the things you consider while determining if you want to fix/flip a property or fix/hold it as a rental? Assuming the profit margin in the flip is what you expected and the rent...
What is the best way to qualify for a mortgage with 1099 income? How can you make it look like W2 income to banks?
Hi BP family,I have been wondering; if I have a house and I get refinance with a bank at 80%, can I then sell the house to someone else with seller financing? In my head the refinance is just a loan with property as ...
I read somewhere that one method to find deals is to skip trace and call properties under contract by other wholesalers, that did not close 30 days later. A list of "failed contracts"If anyone has done this, is this "...
For Example:
Purchase a $50,000 home spend $20,000 in rehab. Sell for $100,000
That results in a net gain of $30,000 of taxable income.
Would I be able to perform a 1031 exchange and buy a $30,000 rental home fre...
Good Evening fellow BP members,I am scheduled to take my NY State RE exam in the next couple of weeks. I debated for a while on whether or not to get my license but the pros outweighed the cons. I am hoping to; earn e...