Pier Di Giorgio
Real estate "professional" status with the IRS
Does anyone who had claimed status as a Real Estate Professional with the IRS also have a full time job? I own 4 rental properties and I also work from home a medical supplies sales rep. I buy and manage the propertie...
Jeff Caravalho
Advertised rent too low
Apparently I advertised my rental too low because I have 80 people interested in 2 days. I advertised $1700 but I'm at least $50 low for sure, maybe $100 or even $200. How should I approach this from a legal stand...
Kevin Kim
Is Purchasing a Multifamily in California worth it?
Hello BP,My wife and I have been searching our local market (Los Angeles) to purchase our first home. After reading books and listening to Brandon and Josh on the podcast, we are convinced that we need to start with a...
Sandra Pinzon
House Hacking in Chicago - Can a MF cashflow with no downpayment?
Hi Everyone, just as a caveat I'm brand new to BP.
I currently live in Chicago and qualify for a VA loan. Overall, I want to know if its possible to house hack in Chicago with no down payment? I'm currently looking ...
Alejandra Tapia
Borrowing money from your 403(b)
My tax preparer recently mentioned the possibility of taking out a loan from my 403(b). He mentioned that a good thing about this is that I would pay back the money to myself, with interest, as opposed to the governme...
Michelle Mayer
Primary Residence Vs. Investment Rental and Capital Gains
Good Morning BP!My name is Michelle and I am looking to buy my first property within the next year or so. I currently live in Brooklyn and I was originally planning on using the FHA loan to get a duplex, live in it fo...
Thomas Bullock
Best Loans to use to scale
My friend and I are both veterans. We invested in a 3 family property about a year ago now. 100% of my friends VA loan was used, however, I am still on the loan because it was the only way we could get approved for th...
Clark Coffey
Ideas to better filter potential tenants needed!
Hello all, I'm so grateful I found this forum and I appreciate everyone's advice. You've all been so helpful so far.
It seems no matter how much I reiterate my application criteria in my ads and in my communications ...
Jarrod Rayner
VA Loan and a military transfer, How do I get another house?
I bought a condo for 262k of my 417k VA Eligibility, I'd like to by another home at my new duty station (PCS orders). I'm trying to buy a home or two at each duty station until I leave the Military, I also am having a...
Delicia M.
How Do I Get More Rental Applications?
I have placed a For Rent sign out in front of a totally renovated 3bd/1ba corner house. I posted its availability on the local Facebook Marketplace. The posting outline min criterias; proof of income, background check...