Okay BPers....I need some input.First - a quick intro. I am new to REI and this will be my first investment. I will be making these purchases through my Solo 401k so the usual tax benefits don't apply and my up fron...
Had breakfast with a close friend of mine this morning and I explained that my goal was to eventually have minimum of $5,000 month coming in (after taxes) from rentals in low income / working class neighborhoods. And...
AirBnB Income CalculationsStarting out in 2018 I rented out rooms in my house. I got continuous traffic, albeit small potatoes, but besides the joy of meeting interesting people and hosting, the greatest benefit was 5...
Looking for some insight on a few things before starting construction on my first rental property! Area is not a high end area by any means, all units don’t have laundry as well as no centralized air. Trying to add v...
Posting this duplex that I found here in the heart of Eastern Michigan, I've been frequently trying to run numbers on duplexes and investment property listings as an up and coming agent and investor to try and gain wh...
Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona. It is on a commercial building, 8 units, and...
I am looking to purchase my first investment porperty and I am wondering if I should setup a DBA, an LLC, or incorporate. I am an individual investor, but will also put my wife on the deeds. I plan to make her a 50% p...
Hi Everyone,I've been lurking here for several months, reading posts, watching videos, and trying to learn as much as I can about REI. My elderly mother has seen her health begin to flag, and I am at a loss as to wha...
Hi all. This is my very first post here ever so go easy on me! ;) I plan to owner occupy a 2-4 family in central MA; Worcester and surrounding. Im getting hung up on one huge question: Purchase Price.
With my curr...
Suppose now that the proposal before the City Council contemplates imposing a price ceiling on apartment rentals, but not on house rentals. Would owners of rental houses in this city be likely to support this proposal...