Many who managed to sell their homes for top dollar just before the crash, have serious flashbacks when they watch the rolling boulder scene in “Raiders of the Lost Ark”. This iconic movie has a couple of scenes that...
For the tax savvyI currently hold rentals in an LLCThe same LLC is the owner of another entity which engages in flipping.basically all flipping income flows through K1 to my main entity (which owns rentals) and the to...
My goal is to purchase a cash flowing property 3-6 unit property within the next 6 months in either Southern NH or the Greater Boston area(north & south of Boston itself)…and maybe Worcester
I was planning on usi...
Does anyone know anything about self insuring your properties and doing it in a way banks are comfortable with? I just pay way too much in insurance and if I could put that money into an account instead I would have...
I came across this BP forum post from a few years back discussing the merits of cashing out a 401k to invest in real estate. http://www.biggerpockets.com/forums/49/topics/7460... There was some good discussion but the...
All,
I would like your feedback and comments on my business plan, which is to acquire small apartment buildings out of state. To start out, I currently own a duplex and a five unit multi family property, which I reh...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $245,000
Cash invested: $35,000
Offer price = $245k
Seller paid $5k in closing costs
Purchase price = $240k
D...
Hi there!I am considering taking over my apartment as property property manager. I have allowed my manager to manage the building for the last 5 years, but feel like taking over would be a good learning opportunity. ...
Good evening BP! Who's watching the first legit game of the NBA Finals? No? ok! Anyway..I always like to go back and listen to the older podcasts & refresh on info that I may have missed out on. This time I was li...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $495,000
Cash invested: $19,000
2nd house hack, 2-Flat with an In-law unit created $300 a month rental rate ...