Hi,As a first time home buyer, I want to learn and experience real estate so I would like to buy a duplex to gain experience as a landlord and get familiar with the processes. I found that most of recommendations to b...
I wish to assume the loan on a rental property I inherited. The trustee says the trust can't be closed because the loan is still under the name of the trust. The bank (wells fargo) is refusing to do this.
A retired a...
Hello Everyone,I am looking to get some idea about CPA expenses.I recently switched to a new CPA. They charged me $1200 to file my taxes.I am married with W2 income and 2 rental properties. What are your thoughts abou...
I've been around this business long enough to see just about every scammer out there. I've noticed that all of the scammers use certain words: Here's my list:
1. SECRET (the gurus have a secret alright. The secre...
Great forum, glad I found it.
My question is as follows. The fule of thumb when determing a potentially good rehab deal is to use the 70% of ARV (After Repaired Value) less repairs method. However, can you use th...
Hello experts,I'm looking at a couple of duplexes that look good on paper in terms of numbers and cashflow for a buy-and-hold rental investment, and are in a strong rental market. However, these units are right on the...
Hi BP Experts and Community,
Newbie here looking to invest in Multifamily (Dup/Tri/Quadplex) rentals for cashflow. Currently contemplating on which market to start, especially with the current climate (i.e. rising ra...
Hello, I'm looking into purchasing Alabama tax deeds from a private seller who provides quit claim deeds after about 60 days. What type of due diligence do I need to conduct to research these properties? The seller p...
Hello - because of the inconstancy's of the Stock Market, I'm worried I won't have enough money to retire any time soon. I'm 60 years old and I'm self employed. When discussing the REI route wth my CPA, she mentione...
Hello all,I have recently relocated to Charleston from Iowa. My wife and I have owned rentals before and would like to start buying houses for that purpose here. I have some time on my hands for "some" remodels or ...