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23 February 2018 | 3 replies
You can check the Events section here on BP, but I'll list out a few others below that I've been to:Fixated on Real Estate (FORE): Organized by Tarl Yarber.
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22 March 2018 | 11 replies
I would advise against a heat pump in this area, they really just don't perform well in temps below 40-35 degrees.
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23 February 2018 | 8 replies
She met with the planning board as the road the parcel connects to is gravel and was seeing the plans to pave.
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19 February 2018 | 4 replies
I couldn't get any clear hard and fast rules but if it's 6 stories and below, depending on the year built, it's probably wood frame.
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22 February 2018 | 4 replies
You can scour Realtor.com and filter by "REO/Foreclosure" to hit all of the listed bank homes on the market.All of the auction sites have them as well.
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22 February 2018 | 9 replies
It is important to keep a separate bank account for the LLC for legal purposes, but for tax purposes , taking money out is just considered a distribution to the shareholder (you).I agree with Natalie- if you don't need the money, I just wouldn't charge your rental property a management fee.If you do need the money, as long as your distribution does not decrease your basis below 0, then it shouldn't be taxable.
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19 February 2018 | 1 reply
Below are my numbers.Purchase price: 80kDown Payment: 16kClosing costs: 2kAnticipated Rent: $1150ExpensesVacancy: $50 (some might say low, based on my experience, I think this is reasonable)Insurance: $20 (I have a separate umbrella)HOA: $197 (well run association with decent reserves)Repairs/Capex: $100 (I don't have a ton of experience, but I think this would be attainable.
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21 February 2018 | 8 replies
I was able to buy them below market rates and build more equity by rehabbing the units.
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21 February 2018 | 11 replies
I own a 10.55 acre farm field in PA where I'm looking to put down a large gravel pad.
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20 February 2018 | 12 replies
I'v never had it happen but I thought of a few things below.