Hello everyone,I am about to close on my first house ever! It has a finished basement that I want to rent out as a separate apartment and the entrance to the home can easily be configured to allow for separate entry. ...
As the title says, I'm looking for your guy's recommendation on the best software to use in order to collect rent and manage rentals. I've heard of buildium but not sure of what else is out there.
Hi!! I am hoping to hear some advice on the best way to get started educating myself on medium/long term rentals. My partner and I bought our first property this year and while we are living in it currently we don't p...
Hello All,I am a new to REI, in the sense that I have not done my first deal yet, but I have a plan. I am also soaking up additional information here and planning my networking process, but had a couple of questions....
Hello everybody, I am putting together my first deal- a century home duplex. They have recently dropped the price to 65k. I am making an offer of 50k. All of my numbers in the analysis are based off of this 50k purcha...
Hi all, I am trying to put together a deal and the seller isn't happy with the numbers my calculations support. I am hoping to offer him seller financing where he holds the note for 3 years at 6% which will net him cl...
HelloI have a guy who wants to sell his 3 family. No mortgage and it is worth roughly 800k. I have a 100k I can use for the purchase. I am trying to show him the benefits of an installment sale however I have never do...
Hi BPers,I am in the process of buying a property with a friend. I would like to get a recommendation of which entity to form. We are a 50/50 partnership for both cash flow, equity gain, decision, .... etc.I am debati...
Hello everyone,I have a question that been bothering me for quite some time. I’m hoping some of you with more experience can help spread some light on the situation. I’ll try to be to the point.For years I’ve been r...
I have had a 401k for about 10 years now and our company was bought by another and now they are starting a new 403B. Our current account is "frozen" and we can decode what to do with it. I have been reading up on usi...