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What's the scoop on this? Seems like a no-brainer on the right kinds of property.
Anyone here got exp. in this game?
I'm thinking in the 20-30 unit range. Older units. Package the paper and sell off the mortgages to...
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Potential first deal: I have an in on a house in a working class neighborhood. Rent will be right around $650. I could acquire for about $7500, but I would need to put about $10,000-$12,000 into it. The house will onl...
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Hi BP members. I'd like to introduce myself. I'm a beginner Real Estate Investor and I'm here to learn from the pros and share my experiences with the ones coming behind me. I'm interested mostly in SFR's and right no...
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Hello BP,I've been watching the forums for some time now and finally decided it was time to jump in. I've got a masters degree in real estate and have been in development (single family and self storage/industrial) f...
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The quick version of the story:
Local person filed for bankruptcy in 2010, and according to them, 'gave they keys' back to the bank. House has sat vacant ever since then. County records still show it in the persons...
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My bank is telling me that they can only give me a home equity line of credit on the house I currently live in, even though I have a lot of equity in a couple other rental properties that I own. What's a good way to ...
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There are 2 small multi-family units (tri-plexes) that I would like to purchase. At least one of them....not sure I would qualify for both. But I would prefer to be able to get a conventional mortgage on them. They wi...
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I recently spoke to a property management firm that told me their clients don't experience any pain with financials or taxes Jan - April.
I'm curious,
Is this PM out of touch with reality OR on how rental property...
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My wife and I picked up a multifamily unit in LA County (Monrovia). We plan on modifying our rental strategy by having one unit be a LTR, that is currently occupied and the back unit as an MTR.The MTR is a second sto...
Okay.. I'm new but I've been reading a lot of posts. It seems everyone is trying to get their involvement in their rental income business to be "actively Participating" so they can get the QBI deduction, but I've al...