Hi everyone,I'm in the analysis paralysis stage of purchasing my first SFH rental property. I'm looking at a $150,00 2/2 townhome, that I think we can get for around $138,000. After all is said and done, it should cas...
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Hi BP family!My current way of identifying property is the following:1) Receive a notification from Redfin (for the houses that match my criteria) with a new house or a price change.2) Go to AirDNA to analyze (Short t...
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Hey Everyone! My husband and I are looking at purchasing a 4-unit property in the St. Paul area of MN. This would be our first deal, and we both have so much to learn. We both are wondering, who pays for utilities?...
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I'm living in California and I'm in the process of getting a rental that is out-of-state (OH, specifically). I just recently found out about the ridiculous CA Tax for a Foreign LLC operating/doing "business" in CA, wh...
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Hello BP,
I've been researching what it takes to get a Realtor's license but would any of you advise getting a license versus finding an agent? Is it best in the long term to obtain a license? What are the pr...
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I'm a CA resident, my investment partner is a CO resident, and we just bought our first (of hopefully many) rentals in ID and potentially other states.Given i am a CA resident, it sounds like an LLC isn't practical gi...
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Hi,My parents own a rental property that is paid off and they are thinking of selling it. However, I'm not sure if 1031 is possible or better.Option 1: they lived there as primary residence for 9 years, then rented it...
I have been approached by 2 people, whom I know very well, about partnering in their local rental real estate business. They have grown this over the past 15 years and have approximately 50 houses (single family 3/2 p...
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I'm under contract for an Airbnb duplex in Dayton, OH. The agreed upon purchase price factored in the revenue generated from the property, so the purchase price is probably around 30k more than the appraised value of ...
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I own a house in Minneapolis that I plan to rent out. I will be living in a different state so I will not be able to show the house in person to potential tenants. I would like to do as much of the property manageme...