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Hi BP Team! I was chatting with a Tax Attorney this week and explaining my plans for beginning in real estate investment. He asked me if I plan to buy low end rentals with lower income tenants or mid or high end renta...
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Why is there so much out of State investors buying properties here.. Is there any other areas to invest in? Locals are getting rammed because these companies and investors are bidding these properties up to a 30-40k ...
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We want to raise the prices $200 each on our duplex and via CraigsList Ads have found there is a demand. Has anyone ever bought a place then raised rents immediately on the tenants?
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Hello all! I own a duplex in the city of Cleveland and would like to know if I need to file a tax return with the City as well as the state. I viewed the website and found a form that appears to be for rental income b...
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Hello BP, My name is Quinton and I live in the Greensboro area of NC with my wife of 10 years and our 3 young kids. I am a med sales rep w 15 years in devices which I love and enjoy. We own two nice rentals that hav...
My mom lives in my grandparents house. It’s a duplex that is in her name. She needs to buy out my aunt and potentially my uncle. The house was appraised by a realtor friend of mine at 258,000. My mom is disabled and i...
Hi BP,I'm on the hunt for a house hack in Philly, and seeking some advice for a duplex (3/1, 1/1) on the market. I need a gut check -- in this competitive market, where can one take some liberties to buy in the path ...
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Hi Everyone,
Just closed on my first deal and to say the least I am freaking out. It's a unique property so it was a real shot in the dark on how to evaluate the property. Even harder because the property was poorly...
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Hello all,Looking to get some advice on a scenario. My parents investment LLC used 1031 exchange money to buy a house that I want to put in my personal name so I can file a PRE exemption. Has anyone found a way to t...
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Hello BP Forum members!I have been a BP podcast listener for months but decided to take the plunge, complete my BP profile, and get my introduction out there. I live in Denver, CO but was born/raised in Wisconsin. T...