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2 October 2024 | 3 replies
new to this and just looking for some advice guess i really i don't no where to start so any advice is appreciated bought my first house in may and thing seem to be going well so far its more of a boarding house / house hacking roommate situation with people i know for the moment plan on doing some things to up the equity but am limited on funds i know the neighbors house just sold for a bit more then i paid for mine so that's a plus and mine is nicer and in better shape i have almost no debt for the most part except the current mortgage on said house don't make much from my day job less then 3k a month after taxes and have good credit. i guess i just really need to know where to start should i be starting a LLC or something similar?
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2 October 2024 | 19 replies
@Terrance TeagueThank you so much, Terrance!
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2 October 2024 | 7 replies
There are times when we wouldn’t be in the home for a month, so furnished finder makes sense but dates have never quite aligned. thats fair to say im trying to skirt hoa rules, its my first experience with an hoa so im just trying to navigate it. thank you for your response.
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3 October 2024 | 1 reply
So I live in CA and the laws and regulation here can be crazy.
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3 October 2024 | 10 replies
On the other hand, a broker is also incentivized by you buying the property so their opinions of things could be a little biased.
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2 October 2024 | 2 replies
I'm newer to the BP forum but have been an avid listener of the podcast for the last year or so.
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2 October 2024 | 71 replies
So I take the equity gain on paper then rent it out.
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2 October 2024 | 13 replies
In September I never cash flow and in a couple of months I just cover so I look at it annually.
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3 October 2024 | 9 replies
So, when investing in areas they don’t really know, investors should research the different property Class submarkets.