Hello there BP community. I have a 9-5 stable job. but want to get my feet wet in the real estate world for financial independence and flexibility that will better suit my lifestyle.i have friends and family who are i...
Hey BP,I am looking into structuring JV deals. I am able to qualify for conventional financing 80 LTV and have a partner wanting to put 50% down payment to do the reno with me and make a profit.I would be keeping the ...
Hi investors. Please answer this in an itemized way to better help flow of conversations!- What is the most amount of people you have had try to apply to your rental listing? - How much do you charge for the applicati...
Does applying for a heloc affect your property Taxs in California? The reason I ask is because purchase price was $345,000 cash and about a year later after rehab value is around $500,000. After they appraise the home...
Can anyone speak to this? Curious as to how it would apply to a large portfolio, or to syndications that hold properties across multiple states. I would assume multiple K1s would have to be filed for each state on you...
I believe Zillow is by far the best application to use in marketing a rental for us smaller guys. My usual practice is to list on both Zillow and Cozy and have people apply through Cozy- go to a showing - if intereste...
This part of landlording and managing property has always confused me, so I'm hoping to learn if there is a "best sequence" to use when prospects call to express interest in a property for rent? Most of them invari...
So I am looking for creative ideas others have done for the following situation: My father owns his home on a 1.5 acre lot. About .6 acre of it is just pasture behind it, that was used for hobby cattle. I am wanting t...
I bought property in sheriff sale and there was a inheritance tax lien on it when i went to sale. title company escrowed $5500 and asked me to get pay off statement if i want to get that remaining money back. I contac...
My husband and I want to start flipping houses. Do we need to form an LLC and operate as a business or can we just buy/fix/sell under our own names?