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Hi All,This question might have been asked before. I bought my rental property in 2021 and was saved by homestead tax (previous owner had it) so ended up cash flow positive for 2021. However now for 2022, HS is no lon...
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Good Day everyone. I would like to understand if my thinking to pull money back out after purchase is on point, flawed or get solution on how to do it.PV $950,000PP $805,000DP $48,300 (6% $805,00) primary resLoan $756...
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First time posting here. We finally got our first property. Figured we just needed to rip the bandaid off and get some hands on learning and we have learned A LOT. lol. My question is around insurance. We ended up cl...
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Would you buy a rental property where the house is settling (the floor is not 100% flat)??I looked at a duplex yesterday and noticed this issue. The numbers fit my criteria (rent, ROI, cashflow...etc) but I am concern...
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Hello BP community,Before I get into anything, I just want to say thank you to everyone who has given us advice on purchasing a two-family to owner-occupy in the Cypress Hills / East New York / Woodhaven area. We have...
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I’ve been hearing a lot about Series LLCs lately...Currently I have one LLC with 5 properties and another with 3 properties. Does it make sense to switch to a Series LLC if I plan to keep adding? Seems like a pain in...
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I am a Canadian and considering buying foreclosure property In Arizona. I have contacted Real Estate Agent, but she doesn't seem to keen to help out as I'm assuming it's a lot of work for them without a guarantee sa...
In short, here is the scenario. 3br house on the county website its valued a little over 60k. We had a realtor who initially had it on the market for 50 then 45k and 2 years very little activity... The property has b...
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I'm graduating this August and will be working a FT job.
I've heard that 50% of sellers hang up if they reach an answering machine pre-recorded response. Now I'm not aiming this question to those of you who just sta...
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Hello from a new member! I am trying to make a decision and was hoping to pick some brains from people with experience. We currently live in San Diego and have a LTR that’s doing fairly easy, profiting about $300-400...