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Hi everyone, I am pretty new to the forums & investing. I am looking for my first deal after reading several of the BP books & J. Scott's estimating rehab costs book. My question is regarding a 3 family (fo...
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So the scenario is that I have had these tenants for a couple months now and they want to do work in exchange for rent. They are also never one day past the 1st on rent deposit either. Sounds like a good deal because ...
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Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
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Hi all,I'm committed to start a career as a real estate investor so i'm working on getting myself educated by reading books, blogs, podcasts, asset protection, analyzing properties in the Dallas-Fort Worth Metroplex ...
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Hey Everyone! I'm in the process of closing on my first investment property in California and I'm going to put it under an LLC. Does anyone recommend opening the LLC in another state with potential tax benefits, or do...
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Hello all, I'm new to rental business. We just used the buy and hold strategy to refinance our previous sfh and would like to rent it out asap. However, I'm not sure about how to get the umbrella insurance for this pr...
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Hello BP,I am currently looking at trying to buy a duplex to try out the renting game and see how it goes. Currently in my area duplexes are way overpriced. Instead I am look a few hours away from where I live at ar...
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Hi Folks,
I am looking at resort condos. These are owner deeded properties. You own them, not time share. Here are the specific financials.
proposed sale price : $400K
Net operating income
after association dues, ...
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Looking at properties in Kings County ( Seattle Area). How do I find out how much the property taxes are? Also looking at properties in these cities below any help would be appreciated. white center lakewood longview ...
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Hi everybody, I've been reading this site for a few years but finally decided to make an account. Let me give you a little history before taking an informal poll on how to move forward. In 2013, my wife and I sold a...